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Flow International (FLOW): Shares cycling through bullish 'pennant' pattern

Flow International Corporation (NASDAQ: FLOW) develops and manufactures ultrahigh-pressure (UHP) waterjet and machining technology for the manufacturing and surface preparation cleaning markets. It also provides specialty engineered robotic systems designed for material removal, separation of materials and factory automation. The company's product line includes waterjet cutting systems, industrial cleaning systems, UHP food processing systems, UHP industrial presses, and automated assembly systems.

The company pleased investors last week, when it reported fiscal Q3 EPS of 16 cents and revenues of $66.3 million. Analysts had been expecting 11 cents and $61.8 million.

Continue reading Flow International (FLOW): Shares cycling through bullish 'pennant' pattern

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DJIA+30.6910,464.40
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S&P 500+4.981,110.63

Last updated: November 27, 2009: 02:01 AM

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