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Flowtech Fluidpower (LON:FLO) Stock Passes Below 50-Day Moving Average - Here's What Happened

Flowtech Fluidpower logo with Industrials background

Flowtech Fluidpower plc (LON:FLO - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 84.50 ($1.05) and traded as low as GBX 76.62 ($0.95). Flowtech Fluidpower shares last traded at GBX 81 ($1.00), with a volume of 25,320 shares traded.

Flowtech Fluidpower Price Performance

The firm has a market capitalization of £49.42 million, a P/E ratio of -339.57 and a beta of 1.04. The stock's 50 day simple moving average is GBX 84.32 and its 200 day simple moving average is GBX 100.48. The company has a debt-to-equity ratio of 35.90, a quick ratio of 1.04 and a current ratio of 2.91.

Flowtech Fluidpower Company Profile

(Get Free Report)

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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