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Flowtech Fluidpower reports weak quarterly earnings, but analysts still recommend buying the stock.
Flowtech Fluidpower, a specialist fluid power company, reported quarterly earnings of GBX 42.23 ($0.55) per share, with negative financial metrics including a 12.99% net margin and 20.67% return on equity.
The company's shares opened at GBX 53.62 ($0.70), with a market cap of £33.91 million and a P/E ratio of -2.36.
Analysts have maintained a "buy" rating with a GBX 130 ($1.69) target price.
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Flowtech Fluidpower reporta ganancias trimestrales débiles, pero los analistas aún recomiendan comprar las acciones.