Filtronic (LON:FTC) Stock Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Filtronic plc (LON:FTC - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 99.72 ($1.34) and traded as high as GBX 158 ($2.12). Filtronic shares last traded at GBX 156 ($2.09), with a volume of 1,789,633 shares.

Filtronic Stock Up 2.4%

The firm has a market cap of £369.05 million, a price-to-earnings ratio of 116.50 and a beta of 0.87. The stock has a 50-day moving average of GBX 115.69 and a 200-day moving average of GBX 101.25. The company has a current ratio of 2.08, a quick ratio of 2.13 and a debt-to-equity ratio of 20.36.

Insider Buying and Selling at Filtronic

In other news, insider Michael Tyerman sold 4,163 shares of the business's stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of GBX 82 ($1.10), for a total transaction of £3,413.66 ($4,582.71). Also, insider Nat Edington acquired 26,334 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average cost of GBX 95 ($1.28) per share, with a total value of £25,017.30 ($33,584.78). Over the last three months, insiders have sold 344,663 shares of company stock worth $38,319,866. 38.18% of the stock is owned by insiders.

About Filtronic

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.