FLSmidth & Co. A/S (OTCMKTS:FLIDY – Get Free Report) traded down 11.2% on Monday . The company traded as low as $6.88 and last traded at $6.88. Approximately 523 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 3,248 shares. The stock had previously closed at $7.75.
Analyst Ratings Changes
Several analysts have issued reports on the company. Barclays raised FLSmidth & Co. A/S from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. UBS Group raised FLSmidth & Co. A/S from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Finally, Zacks Research upgraded FLSmidth & Co. A/S to a “hold” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on FLIDY
FLSmidth & Co. A/S Stock Down 11.2%
FLSmidth & Co. A/S (OTCMKTS:FLIDY – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.12. The firm had revenue of $513.62 million during the quarter, compared to the consensus estimate of $566.52 million.
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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