FLSmidth & Co. A/S (OTCMKTS:FLIDY – Get Free Report) released its earnings results on Wednesday. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04, Zacks reports.
FLSmidth & Co. A/S Price Performance
Shares of FLIDY opened at $8.12 on Thursday. FLSmidth & Co. A/S has a twelve month low of $6.53 and a twelve month high of $9.20. The stock’s fifty day simple moving average is $7.62 and its 200 day simple moving average is $7.96.
Analyst Ratings Changes
Separately, UBS Group raised FLSmidth & Co. A/S from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
FLSmidth & Co. A/S Company Profile
FLSmidth & Co A/S is a Denmark‐based engineering group founded in 1882 by Frederik Læssøe Smidth. The company specializes in the design, manufacture and installation of equipment and services for the global cement and mining industries. Headquartered in Copenhagen, FLSmidth has built a reputation for supplying end‐to‐end solutions that support both greenfield and brownfield projects worldwide.
FLSmidth’s core offerings include crushing, grinding, separation and pyro‐processing equipment, as well as material handling systems and pumps.
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