Fluidra (OTCMKTS:FLUIF) Trading 10.2% Higher – Still a Buy?

Fluidra, S.A. (OTCMKTS:FLUIF) shares traded up 10.2% during trading on Friday . The company traded as high as $30.00 and last traded at $30.00. 100 shares changed hands during trading, a decline of 95% from the average session volume of 1,933 shares. The stock had previously closed at $27.22.

Wall Street Analysts Forecast Growth

FLUIF has been the topic of a number of recent analyst reports. Barclays reissued an “overweight” rating on shares of Fluidra in a research note on Wednesday, December 3rd. BNP Paribas Exane upgraded shares of Fluidra to an “outperform” rating in a report on Tuesday, January 20th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Fluidra Price Performance

The company’s 50 day moving average is $28.23 and its 200-day moving average is $27.74.

Fluidra Company Profile

Fluidra is a global leader in the design, manufacture and distribution of equipment and solutions for the residential and commercial pool and wellness market. Headquartered in Barcelona, Spain, the company operates on several stock exchanges internationally and trades over the counter in the United States. Its portfolio encompasses a wide range of products that help pool professionals, retailers and end‐users build, maintain and automate pool and spa installations.

The company’s core offerings include pumps, filters, heaters, water treatment chemicals, sanitation systems, lighting, pool covers and robotic cleaning devices.