Filtronic (LON:FTC) Share Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Filtronic plc's share price has crossed above its 200-day moving average, reaching a recent high of GBX 142 ($1.93) during trading.
• The company reported a return on equity of 24.34% and a net margin of 12.35%, with anticipated earnings of approximately 3.07 earnings per share for the current fiscal year.
• Filtronic holds a debt-to-equity ratio of 20.36, indicating relatively low leverage, and has a market capitalization of £301.07 million.

Filtronic plc (LON:FTC - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 126.79 ($1.72) and traded as high as GBX 142 ($1.93). Filtronic shares last traded at GBX 140 ($1.90), with a volume of 921,089 shares traded.

Filtronic Stock Up 2.2%

The firm's 50-day moving average is GBX 147.14 and its 200 day moving average is GBX 127.17. 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 firm has a market capitalization of £301.07 million, a PE ratio of 2,264.46 and a beta of 0.87.

Filtronic (LON:FTC - Get Free Report) last issued its quarterly earnings results 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%. As a group, research analysts forecast 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.