Flowtech Fluidpower (LON:FLO) Announces Earnings Results

Flowtech Fluidpower (LON:FLOGet Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 0.71 EPS for the quarter, Digital Look Earnings reports. Flowtech Fluidpower had a negative net margin of 1.99% and a negative return on equity of 5.87%.

Flowtech Fluidpower Trading Down 2.8%

LON FLO opened at GBX 63.20 on Thursday. The company has a market cap of £51.47 million, a price-to-earnings ratio of -12.06 and a beta of 0.56. Flowtech Fluidpower has a 52 week low of GBX 41 and a 52 week high of GBX 77. The business has a 50 day moving average price of GBX 63.83 and a 200-day moving average price of GBX 54.89. The company has a quick ratio of 1.04, a current ratio of 2.25 and a debt-to-equity ratio of 19.08.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 100 price objective on shares of Flowtech Fluidpower in a research report on Tuesday. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 100.

View Our Latest Stock Analysis on Flowtech Fluidpower

Flowtech Fluidpower Company Profile

(Get Free Report)

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

Further Reading

Earnings History for Flowtech Fluidpower (LON:FLO)

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