FLSmidth & Co. A/S (OTCMKTS:FLIDY) Issues Quarterly Earnings Results

FLSmidth & Co. A/S (OTCMKTS:FLIDY) announced its earnings results on Wednesday. The company reported $0.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.11, Zacks reports.

FLSmidth & Co. A/S Price Performance

Shares of FLIDY stock traded up $0.37 on Wednesday, hitting $8.92. The stock had a trading volume of 128 shares, compared to its average volume of 2,368. FLSmidth & Co. A/S has a twelve month low of $6.70 and a twelve month high of $9.49. The company has a fifty day moving average price of $8.80 and a two-hundred day moving average price of $8.24.

Wall Street Analyst Weigh In

Separately, Dnb Carnegie raised shares of FLSmidth & Co. A/S from a “hold” rating to a “strong-buy” rating in a report on Monday, September 14th. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, FLSmidth & Co. A/S presently has a consensus rating of “Buy”.

FLSmidth & Co. A/S Company Profile

FLSmidth & Co. A/S is a Denmark-based engineering and technology company that provides equipment, systems, services and digital solutions for the global mining industry. Its offerings are designed to support the processing of minerals and metals, with applications spanning crushing, grinding, separation, material handling, pyroprocessing, filtration and tailings management. The company supplies individual machines as well as integrated plant solutions and lifecycle services, including maintenance, upgrades, process optimization and automation.