Filtronic plc (LON:FTC - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 170 ($2.30) and last traded at GBX 168 ($2.28), with a volume of 3170660 shares changing hands. The stock had previously closed at GBX 156 ($2.11).
Filtronic Price Performance
The company has a market cap of £364.71 million, a price-to-earnings ratio of 115.13 and a beta of 0.87. The company's fifty day moving average price is GBX 112.36 and its two-hundred day moving average price is GBX 100.10. The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36.
Insider Activity
In other news, insider Michael Tyerman sold 336,000 shares of the business's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of GBX 112 ($1.52), for a total value of £376,320 ($509,849.61). Also, insider Nat Edington bought 26,334 shares of Filtronic stock in a transaction that occurred on Wednesday, April 2nd. The shares were acquired at an average price of GBX 95 ($1.29) per share, with a total value of £25,017.30 ($33,894.19). Insiders have sold a total of 344,663 shares of company stock worth $38,319,866 over the last three months. Corporate insiders own 38.18% of the company's stock.
About Filtronic
(
Get Free Report)
For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today's data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Filtronic, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Filtronic wasn't on the list.
While Filtronic currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
