Flowtech Fluidpower (LON:FLO) Share Price Crosses Below Fifty Day Moving Average of $108.23

Flowtech Fluidpower plc (LON:FLO) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 108.23 ($1.38) and traded as low as GBX 107 ($1.36). Flowtech Fluidpower shares last traded at GBX 107 ($1.36), with a volume of 17,542 shares changing hands.

Flowtech Fluidpower Trading Down 1.8 %

The company has a 50-day moving average price of GBX 108.23 and a two-hundred day moving average price of GBX 90.53. The stock has a market cap of £67.28 million, a P/E ratio of -509.52 and a beta of 0.95. The company has a current ratio of 2.57, a quick ratio of 1.04 and a debt-to-equity ratio of 37.73.

Flowtech Fluidpower Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, July 19th. Stockholders of record on Thursday, June 20th will be paid a GBX 2.10 ($0.03) dividend. This represents a dividend yield of 2.77%. The ex-dividend date of this dividend is Thursday, June 20th. Flowtech Fluidpower’s dividend payout ratio is currently -952.38%.

About Flowtech Fluidpower

Flowtech Fluidpower plc, together with its subsidiaries, distributes engineering components and assemblies in the areas of fluid power industry in the United Kingdom, rest of Europe, internationally. The company operates through Flowtech, Fluidpower Group Solutions, and Fluidpower Group Service segments.