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

Flowtech Fluidpower plc (LON:FLO) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 54.51 and traded as low as GBX 54. Flowtech Fluidpower shares last traded at GBX 55.44, with a volume of 15,688 shares.

Flowtech Fluidpower Stock Down 1.1%

The company has a market cap of £34.48 million, a P/E ratio of -1.27 and a beta of 1.04. 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 stock has a fifty day moving average price of GBX 54.51 and a two-hundred day moving average price of GBX 58.77.

About Flowtech Fluidpower

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