Flowtech Fluidpower (LON:FLO) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Flowtech Fluidpower plc (LON:FLO)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 55.06 and traded as low as GBX 51.55. Flowtech Fluidpower shares last traded at GBX 51.72, with a volume of 202,423 shares.

Flowtech Fluidpower Trading Down 3.2%

The stock has a market capitalization of £32.90 million, a P/E ratio of -1.21 and a beta of 1.04. The business has a 50 day simple moving average of GBX 55.15 and a 200-day simple moving average of GBX 58.40. The company has a debt-to-equity ratio of 35.90, a quick ratio of 1.04 and a current ratio of 2.91.

Insider Buying and Selling

In other Flowtech Fluidpower news, insider James Brooke purchased 64,408 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were purchased at an average price of GBX 53 per share, for a total transaction of £34,136.24. Also, insider Mike England purchased 16,228 shares of the company’s stock in a transaction on Monday, February 9th. The stock was bought at an average cost of GBX 53 per share, for a total transaction of £8,600.84. Over the last three months, insiders have acquired 412,971 shares of company stock worth $21,887,463. 4.38% of the stock is owned by insiders.

Flowtech Fluidpower Company Profile

Flowtech are the leading specialist Hydraulics, Pneumatics and Process engineering solutions provider across the UK, Ireland and the Benelux. We’ve built a strong brand reputation based on engineering excellence, with the ability to supply superior products, a suite of engineering services, and play a vital role in the delivery of major engineering projects from a range of key industries.

https://www.flowtech.co.uk