Flowtech Fluidpower (LON:FLO) Insider Stuart Watson Acquires 2,405 Shares

Key Points

  • Insider Stuart Watson bought 2,405 shares on Feb 9 at an average price of GBX 53, a transaction totalling £1,274.65.
  • Shares opened at GBX 54.50 (down ~1.1%), trading below the 200-day SMA (GBX 58.69) with a market cap of £34.48m and a negative P/E of -1.27.
  • Flowtech is a specialist provider of hydraulics, pneumatics and process engineering services across the UK, Ireland and the Benelux.

Flowtech Fluidpower plc (LON:FLO - Get Free Report) insider Stuart Watson purchased 2,405 shares of the stock in a transaction on Monday, February 9th. The shares were purchased at an average cost of GBX 53 per share, with a total value of £1,274.65.

Flowtech Fluidpower Stock Down 1.1%

Flowtech Fluidpower stock opened at GBX 54.50 on Tuesday. The business's 50-day simple moving average is GBX 54.64 and its two-hundred day simple moving average is GBX 58.69. The company has a debt-to-equity ratio of 35.90, a quick ratio of 1.04 and a current ratio of 2.91. The company has a market cap of £34.48 million, a PE ratio of -1.27 and a beta of 1.04. Flowtech Fluidpower plc has a fifty-two week low of GBX 46 and a fifty-two week high of GBX 77.

About Flowtech Fluidpower

(Get Free Report)

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

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