FLSmidth & Co. A/S (OTCMKTS:FLIDY) Short Interest Up ∞ in April

FLSmidth & Co. A/S (OTCMKTS:FLIDYGet Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 10 shares, a growth of ∞ from the April 15th total of 0 shares. Based on an average daily trading volume, of 6,853 shares, the short-interest ratio is presently 0.0 days.

FLSmidth & Co. A/S Stock Performance

Shares of OTCMKTS FLIDY opened at $7.50 on Friday. The company’s 50 day simple moving average is $7.99 and its 200 day simple moving average is $7.92. FLSmidth & Co. A/S has a fifty-two week low of $6.07 and a fifty-two week high of $9.20.

FLSmidth & Co. A/S (OTCMKTS:FLIDYGet Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.12. The firm had revenue of $513.62 million during the quarter, compared to analyst estimates of $566.52 million.

Analyst Ratings Changes

FLIDY has been the topic of several analyst reports. Barclays upgraded shares of FLSmidth & Co. A/S from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. Zacks Research upgraded shares of 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 three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on FLSmidth & Co. A/S

FLSmidth & Co. A/S Company Profile

(Get Free Report)

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.

Further Reading

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