Shares of Flowtech Fluidpower PLC (LON:FLO) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 190.70 ($2.55) and last traded at GBX 187.50 ($2.51), with a volume of 98561 shares changing hands. The stock had previously closed at GBX 187.50 ($2.51).
Separately, FinnCap reissued a “corporate” rating and issued a GBX 205 ($2.74) target price on shares of Flowtech Fluidpower in a research report on Wednesday, October 18th.
The company has a market capitalization of $99.78 and a PE ratio of 2,100.00.
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Flowtech Fluidpower Company Profile
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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