FLSmidth & Co. A/S (OTCMKTS:FLIDY) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of FLSmidth & Co. A/S (OTCMKTS:FLIDYFree Report) from a strong sell rating to a strong-buy rating in a report issued on Tuesday morning,Zacks.com reports.

FLSmidth & Co. A/S Price Performance

Shares of OTCMKTS:FLIDY opened at $4.88 on Tuesday. The business has a 50-day moving average price of $4.88 and a 200 day moving average price of $4.88. FLSmidth & Co. A/S has a 12-month low of $4.75 and a 12-month high of $5.57.

FLSmidth & Co. A/S (OTCMKTS:FLIDYGet Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $666.85 million during the quarter.

FLSmidth & Co. A/S Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Friday, April 4th were paid a $0.1158 dividend. The ex-dividend date of this dividend was Friday, April 4th. This is a boost from FLSmidth & Co. A/S’s previous dividend of $0.04. FLSmidth & Co. A/S’s payout ratio is currently 8.14%.

FLSmidth & Co. A/S Company Profile

(Get Free Report)

FLSmidth & Co A/S provides flowsheet technology and service solutions for the mining and cement industries in North America, South America, Europe, North and Sub-Saharan Africa, the Middle East, Central and South Asia, the Asia Pacific, and Australia. It operates in three segments: Mining, Cement, and Non-Core Activities.

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