Insider Buying: Flowtech Fluidpower (LON:FLO) Insider Purchases 303,794 Shares of Stock

Flowtech Fluidpower plc (LON:FLO) insider Roger McDowell purchased 303,794 shares of the business’s stock in a transaction on Monday, February 9th. The shares were acquired at an average price of GBX 53 per share, for a total transaction of £161,010.82.

Flowtech Fluidpower Stock Down 1.1%

LON FLO traded down GBX 0.60 during trading hours on Monday, hitting GBX 54.50. 61,547 shares of the company were exchanged, compared to its average volume of 73,434. The company has a 50 day moving average of GBX 54.51 and a two-hundred day moving average of GBX 58.75. 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 firm has a market cap of £34.48 million, a price-to-earnings ratio of -1.27 and a beta of 1.04. Flowtech Fluidpower plc has a 52-week low of GBX 46 and a 52-week high of GBX 77.

About Flowtech Fluidpower

Flowtech are the leading specialist Hydraulics, Pneumatics and Process engineering solutions provider across the UK, Ireland and the Benelux. We’ve built a strong brand reputation based on engineering excellence, with the ability to supply superior products, a suite of engineering services, and play a vital role in the delivery of major engineering projects from a range of key industries.

https://www.flowtech.co.uk