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

Flowtech Fluidpower plc (LON:FLO) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 83.52 ($1.03) and traded as low as GBX 74.63 ($0.92). Flowtech Fluidpower shares last traded at GBX 75.37 ($0.93), with a volume of 55,846 shares traded.

Flowtech Fluidpower Stock Down 0.7 %

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 cap of £46.83 million, a price-to-earnings ratio of -321.74 and a beta of 1.04. The firm’s 50 day simple moving average is GBX 83.52 and its 200 day simple moving average is GBX 99.50.

Flowtech Fluidpower Company Profile

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.