Flowtech Fluidpower (LON:FLO) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Flowtech Fluidpower plc (LON:FLOGet Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 84.50 ($1.06) and traded as low as GBX 76.62 ($0.96). Flowtech Fluidpower shares last traded at GBX 81 ($1.01), with a volume of 25,320 shares traded.

Flowtech Fluidpower Price Performance

The company has a debt-to-equity ratio of 35.90, a current ratio of 2.91 and a quick ratio of 1.04. The firm has a market cap of £51.13 million, a price-to-earnings ratio of -351.30 and a beta of 1.04. The stock’s fifty day moving average price is GBX 84.50 and its 200-day moving average price is GBX 100.64.

About Flowtech Fluidpower

(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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