Shares of Filtronic plc (LON:FTC - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 94.47 ($1.27) and traded as high as GBX 126 ($1.70). Filtronic shares last traded at GBX 124 ($1.67), with a volume of 1,262,632 shares changing hands.
Filtronic Stock Performance
The company has a 50-day moving average of GBX 104.29 and a 200-day moving average of GBX 95.51. The company has a market cap of £285.04 million, a PE ratio of 89.98 and a beta of 0.87. 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 Buying and Selling at Filtronic
In related news, insider Nat Edington acquired 26,334 shares of the company's stock in a transaction on Wednesday, April 2nd. The shares were acquired at an average cost of GBX 95 ($1.28) per share, for a total transaction of £25,017.30 ($33,670.66). Also, insider Michael Tyerman sold 4,500 shares of the firm's stock in a transaction on Monday, April 7th. The shares were sold at an average price of GBX 77 ($1.04), for a total value of £3,465 ($4,663.53). In the last three months, insiders have sold 344,663 shares of company stock worth $38,319,866. Corporate insiders own 38.18% of the company's stock.
About Filtronic
(
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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.
Further Reading
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