Flowtech Fluidpower PLC’s (FLO) Corporate Rating Reiterated at FinnCap

FinnCap reiterated their corporate rating on shares of Flowtech Fluidpower PLC (LON:FLO) in a research report report published on Friday. The firm currently has a GBX 205 ($2.71) price target on the stock.

Shares of Flowtech Fluidpower PLC (FLO) traded down 0.07% during midday trading on Friday, hitting GBX 177.50. The company had a trading volume of 135,935 shares. The company’s market capitalization is GBX 84.14 million. The firm’s 50 day moving average is GBX 152.54 and its 200 day moving average is GBX 145.62. Flowtech Fluidpower PLC has a 52 week low of GBX 111.00 and a 52 week high of GBX 181.84.

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The firm also recently declared a dividend, which was paid on Tuesday, October 24th. Investors of record on Thursday, September 28th were issued a dividend of GBX 1.93 ($0.03) per share. The ex-dividend date was Thursday, September 28th. This represents a yield of 1.42%.

About Flowtech Fluidpower PLC

Flowtech Fluidpower plc is a United Kingdom-based distributor of technical fluid power products. The Company operates through two divisions: Flowtechnology, which is geographically split into Flowtechnology UK (FTUK) and Flowtechnology Benelux (FTB), and Power Motion Control (PMC). FTUK and FTB focus on supplying distributors and resellers of industrial maintenance, repair and operation (MRO) products, primarily serving urgent orders rather than bulk offerings.

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