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

Key Points

• Filtronic plc shares surpassed their 200-day moving average of GBX 119.86, trading at GBX 145 ($1.93) with a peak of GBX 147 ($1.95).
• The company reported earnings per share (EPS) of GBX 6.42 ($0.09) for the last quarter, with a projected EPS of 3.07 for the current fiscal year.
• Filtronic specializes in high-frequency communication solutions for global telecommunications, space, aerospace, and defense sectors.

Filtronic plc (LON:FTC - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 119.86 ($1.61) and traded as high as GBX 147 ($1.98). Filtronic shares last traded at GBX 145 ($1.95), with a volume of 737,653 shares changing hands.

Filtronic Trading Down 4.0%

The firm has a fifty day moving average of GBX 152.21 and a 200-day moving average of GBX 120.85. The company has a debt-to-equity ratio of 20.36, a quick ratio of 2.13 and a current ratio of 2.08. The stock has a market capitalization of £283.30 million, a price-to-earnings ratio of 89.43 and a beta of 0.87.

Filtronic (LON:FTC - Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported GBX 6.42 ($0.09) earnings per share (EPS) for the quarter. Filtronic had a return on equity of 24.34% and a net margin of 12.35%. As a group, equities analysts predict that Filtronic plc will post 3.0730129 earnings per share for the current fiscal year.

Filtronic Company Profile

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.