In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Flowco Holdings Inc (NYSE: FLOC) closed at $23.41 up 2.45% from its previous closing price of $22.85. In other words, the price has increased by $2.45 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
For a deeper understanding of Flowco Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.68 and its Current Ratio is at 4.46. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.80.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on February 10, 2025, initiated with a Overweight rating and assigned the stock a target price of $34.
On February 10, 2025, JP Morgan started tracking the stock assigning a Overweight rating and target price of $32.
On February 10, 2025, Jefferies started tracking the stock assigning a Buy rating and target price of $35.Jefferies initiated its Buy rating on February 10, 2025, with a $35 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 17 ’25 when Lambert Joel Christian bought 4,300 shares for $24.00 per share. The transaction valued at 103,200 led to the insider holds 16,800 shares of the business.
Byers Jonathan W. bought 12,000 shares of FLOC for $288,000 on Jan 17 ’25. The Chief Financial Officer now owns 62,208 shares after completing the transaction at $24.00 per share. On Jan 17 ’25, another insider, EDWARDS JOSEPH R, who serves as the President and CEO of the company, bought 50,000 shares for $24.00 each. As a result, the insider paid 1,200,000 and bolstered with 184,792 shares of the company.
Stock Price History:
Over the past 52 weeks, FLOC has reached a high of $30.50, while it has fallen to a 52-week low of $21.90. The 50-Day Moving Average of the stock is -14.46%, while the 200-Day Moving Average is calculated to be -14.46%.
Shares Statistics:
A total of 21.99M shares are outstanding, with a floating share count of 19.94M. Insiders hold about 77.97% of the company’s shares, while institutions hold 0.00% stake in the company.
