Flowtech Fluidpower (LON:FLO – Get Free Report) issued its earnings results on Wednesday. The company reported GBX (42.23) (($0.54)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Flowtech Fluidpower had a negative return on equity of 20.67% and a negative net margin of 12.99%.
Flowtech Fluidpower Trading Up 2.0 %
Shares of LON FLO opened at GBX 51.80 ($0.66) on Thursday. The company has a quick ratio of 1.04, a current ratio of 2.91 and a debt-to-equity ratio of 35.90. The business has a fifty day simple moving average of GBX 61.30 and a two-hundred day simple moving average of GBX 75.82. The firm has a market cap of £32.76 million, a PE ratio of -2.28 and a beta of 1.04. Flowtech Fluidpower has a twelve month low of GBX 46 ($0.59) and a twelve month high of GBX 122 ($1.56).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 130 ($1.66) target price on shares of Flowtech Fluidpower in a research note on Thursday, January 30th.
About Flowtech Fluidpower
Flowtech Fluidpower is a Group of specialist fluid power businesses. Working in partnership with customers and suppliers, we deliver essential components, custom solutions and high-quality servicing support to keep global industry moving. Our business is separated into two distinct divisions: Components and Services.
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