Fluidra (OTCMKTS:FLUIF) Shares Down 16% – Here’s What Happened

Fluidra, S.A. (OTCMKTS:FLUIF)’s stock price traded down 16% during trading on Tuesday . The stock traded as low as $25.19 and last traded at $25.19. 1,177 shares traded hands during trading, an increase of 135% from the average session volume of 500 shares. The stock had previously closed at $30.00.

Analysts Set New Price Targets

Separately, BNP Paribas Exane upgraded shares of Fluidra to an “outperform” rating in a report on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Fluidra currently has an average rating of “Moderate Buy”.

Fluidra Trading Down 16.0%

The company has a 50-day moving average of $30.15 and a 200-day moving average of $29.04.

About Fluidra

Fluidra is a global leader in the design, manufacture and distribution of equipment and solutions for the residential and commercial pool and wellness market. Headquartered in Barcelona, Spain, the company operates on several stock exchanges internationally and trades over the counter in the United States. Its portfolio encompasses a wide range of products that help pool professionals, retailers and end‐users build, maintain and automate pool and spa installations.

The company’s core offerings include pumps, filters, heaters, water treatment chemicals, sanitation systems, lighting, pool covers and robotic cleaning devices.