FLSmidth & Co. A/S (OTCMKTS:FLIDY – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.12, Zacks reports.
FLSmidth & Co. A/S Stock Performance
FLIDY remained flat at $7.30 during midday trading on Wednesday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 4,682. FLSmidth & Co. A/S has a 12-month low of $6.07 and a 12-month high of $9.20. The company’s 50 day simple moving average is $8.08 and its 200-day simple moving average is $7.92.
Analyst Ratings Changes
Several research firms have issued reports on FLIDY. Zacks Research upgraded FLSmidth & Co. A/S to a “hold” rating in a research note on Friday, April 17th. Barclays upgraded FLSmidth & Co. A/S from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.
About FLSmidth & Co. A/S
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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