Flowtech Fluidpower (LON:FLO) Posts Earnings Results

Flowtech Fluidpower (LON:FLO) posted its quarterly earnings data on Wednesday. The company reported GBX (42.23) (($0.55)) EPS for the quarter, Digital Look Earnings reports. Flowtech Fluidpower had a negative net margin of 12.99% and a negative return on equity of 20.67%.

Flowtech Fluidpower Price Performance

LON FLO opened at GBX 53.62 ($0.70) on Friday. The firm’s 50 day moving average is GBX 60.99 and its 200-day moving average is GBX 75.44. 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 company has a market capitalization of £33.91 million, a PE ratio of -2.36 and a beta of 1.04. Flowtech Fluidpower has a 12-month low of GBX 46 ($0.60) and a 12-month high of GBX 122 ($1.58).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 130 ($1.69) price objective on shares of Flowtech Fluidpower in a research report on Thursday, January 30th.

About Flowtech Fluidpower

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.