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Filtronic (LON:FTC) Stock Passes Above 200-Day Moving Average - Here's What Happened

Filtronic logo with Computer and Technology background

Key Points

  • Filtronic plc shares exceeded their 200-day moving average of GBX 125.16, reaching a high of GBX 151 during trading.
  • The company's market capitalization is £320.84 million, with a notable price-to-earnings ratio of 2,420.66.
  • Filtronic reported an earnings per share of GBX 6.42 in its last quarterly results, reflecting a net margin of 12.35% and a return on equity of 24.34%.
  • Five stocks to consider instead of Filtronic.

Filtronic plc (LON:FTC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 125.16 ($1.68) and traded as high as GBX 151 ($2.03). Filtronic shares last traded at GBX 146.45 ($1.97), with a volume of 2,238,691 shares trading hands.

Filtronic Price Performance

The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36. The company has a market cap of £300.14 million, a PE ratio of 2,264.46 and a beta of 0.87. The stock has a 50-day simple moving average of GBX 148.85 and a 200 day simple moving average of GBX 126.01.

Filtronic (LON:FTC - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported GBX 6.42 earnings per share (EPS) for the quarter. Filtronic had a return on equity of 24.34% and a net margin of 12.35%. Equities analysts expect that Filtronic plc will post 3.0730129 EPS for the current year.

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.

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