Flowserve Corp. (FLS) is Trading Lower on Unusual Volume for January 18

Equities Staff |

Flowserve Corp. (FLS) experienced unusually high volume on Jan. 18, as the stock lost 3.15% to a closing price of $36.01. The stock saw 2.52 million shares trade hands over the course of the day on 19,528 trades. Given that the stock’s average daily volume over the last month has been 1.27 million shares a day, this represents a pretty substantial spike over the norm.

Flowserve Corp. has a P/B ratio of 2.79. It also has a P/E ratio of 13.7. The stock has traded between $64.41 and $35.67 over the last 52-weeks, its 50-day SMA is now $42.93, and its 200-day SMA $47.61.

Flowserve Corp develops and manufactures precision-engineered flow control equipment, such as pumps, valves and seals, for critical service applications that require high reliability.

Headquartered in Irving, TX, Flowserve Corp. has 19,000 employees and is currently under the leadership of CEO Mark A. Blinn.

For a complete fundamental analysis analysis of Flowserve Corp., check out Equities.com’s Stock Valuation Analysis report for FLS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Emerging Growth

Breathtec BioMedical Inc.

Breathtec Biomedical Inc is a medical diagnostics company. It is engaged in developing & commercializing breath analysis devices for the early detection of infections & life threatening diseases including cancers,…

Private Markets


The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…


Cloudera offers enterprises a new data platform built on the Apache Hadoop open-source software package. Hadoop is a data-management platform that can consolidate data in a single repository for comprehensive…