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Flowtech Fluidpower (LON:FLO) Stock Price Passes Below 50 Day Moving Average - What's Next?

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 Friday . The stock has a 50 day moving average of GBX 98.67 ($1.28) and traded as low as GBX 87 ($1.13). Flowtech Fluidpower shares last traded at GBX 87.90 ($1.14), with a volume of 60,602 shares traded.

Flowtech Fluidpower Price Performance

The stock has a market capitalization of £55.62 million, a PE ratio of -382.17 and a beta of 1.04. The stock's 50 day moving average price is GBX 98.67 and its 200-day moving average price is GBX 107.65. The company has a quick ratio of 1.04, a current ratio of 2.91 and a debt-to-equity ratio of 35.90.

Insider Buying and Selling at Flowtech Fluidpower

In other news, insider Roger McDowell acquired 10,000 shares of Flowtech Fluidpower stock in a transaction on Friday, September 27th. The shares were bought at an average cost of GBX 90 ($1.17) per share, for a total transaction of £9,000 ($11,715.70). 3.55% of the stock is owned by corporate insiders.

Flowtech Fluidpower Company Profile

(Get Free Report)

Flowtech Fluidpower plc, together with its subsidiaries, distributes engineering components and assemblies in the areas of fluid power industry in the United Kingdom, rest of Europe, internationally. The company supplies hydraulic and pneumatic products, as well as delivers specialist engineering solutions, services, and systems through a network of distributors and resellers and a broad range of original equipment manufacturers (OEMs) across all industry sectors.

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