FLS - Flowserve Corporation Looks to Continue to Trade Above its Annual-High Share Price Today
Flowserve Corporation (NYSE:FLS) traded today at a new 52-week high of $42.44. So far today approximately 314,000 shares have been exchanged, as compared to an average 30-day volume of 758,000 shares.
Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several global industries, including oil and gas, chemical, power generation, and water management. In addition, Flowserve has a worldwide network of Quick Response Centers to provide aftermarket equipment services. The aftermarket services help customers with installation, advanced diagnostics, repair, and retrofitting. Sales are roughly split across many global regions, with North America and Europe contributing the majority of total revenue.
Flowserve Corporation (NYSE:FLS) defies analysts with a current price ($42.40) 3.6% above its average consensus price target of $40.89.
Flowserve Corporation share prices have moved between a 52-week high of $42.44 and a 52-week low of $21.05 and are now trading 101% above that low price at $42.40 per share.
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