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

Flowtech Fluidpower plc (LON:FLO - Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 109.63 ($1.43) and traded as low as GBX 91.50 ($1.20). Flowtech Fluidpower shares last traded at GBX 91.50 ($1.20), with a volume of 14,953 shares.

Flowtech Fluidpower Trading Up 0.9 %

The stock has a market capitalization of £58.45 million, a P/E ratio of -402.17 and a beta of 1.05. The company has a current ratio of 2.91, a quick ratio of 1.04 and a debt-to-equity ratio of 35.90. The stock's fifty day moving average price is GBX 109.63 and its two-hundred day moving average price is GBX 108.03.

Insider Transactions at Flowtech Fluidpower

In other Flowtech Fluidpower news, insider Roger McDowell acquired 10,000 shares of the stock in a transaction dated Friday, September 27th. The stock was purchased at an average cost of GBX 90 ($1.18) per share, for a total transaction of £9,000 ($11,778.56). Company insiders own 3.55% of the company's stock.

Flowtech Fluidpower Company Profile

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 operates through Flowtech, Fluidpower Group Solutions, and Fluidpower Group Service segments.