Flowtech Fluidpower’s (FLO) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Flowtech Fluidpower (LON:FLO) in a research report released on Tuesday,Digital Look reports. The firm currently has a GBX 100 price target on the stock.

Flowtech Fluidpower Trading Down 2.7%

Shares of FLO stock opened at GBX 64.20 on Tuesday. Flowtech Fluidpower has a 12-month low of GBX 41 and a 12-month high of GBX 77. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 72.79. The firm’s 50 day moving average is GBX 58.17 and its 200 day moving average is GBX 52.77. The stock has a market capitalization of £52.28 million, a P/E ratio of -12.25 and a beta of 0.56.

Flowtech Fluidpower Company Profile

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