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Firan Technology Group (TSE:FTG) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Firan Technology Group logo with Industrials background

Firan Technology Group Co. (TSE:FTG - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$9.97 and traded as high as C$11.95. Firan Technology Group shares last traded at C$11.90, with a volume of 36,502 shares.

Analysts Set New Price Targets

A number of equities analysts have issued reports on FTG shares. Raymond James Financial increased their price target on Firan Technology Group from C$11.00 to C$14.00 and gave the company an "outperform" rating in a research note on Monday, June 9th. Acumen Capital lifted their target price on Firan Technology Group from C$11.50 to C$12.00 and gave the stock a "buy" rating in a report on Friday, April 11th.

Get Our Latest Stock Report on FTG

Firan Technology Group Price Performance

The company has a market cap of C$291.10 million, a P/E ratio of 27.09 and a beta of 1.45. The company has a debt-to-equity ratio of 50.28, a current ratio of 2.54 and a quick ratio of 1.53. The company has a fifty day simple moving average of C$10.09 and a 200-day simple moving average of C$8.50.

Insider Buying and Selling at Firan Technology Group

In other news, Director Mike Andrade purchased 10,000 shares of the business's stock in a transaction dated Friday, April 11th. The shares were acquired at an average price of C$7.80 per share, for a total transaction of C$78,000.00. 32.64% of the stock is currently owned by company insiders.

About Firan Technology Group

(Get Free Report)

Firan Technology Group Corporation manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, Asia, Europe, and rest of Americas. The company operates in two segments, FTG Circuits and FTG Aerospace. It offers semi additive process technologies, high density interconnect products, high temperature rigid flex printed, RF boards, thermal management, and rigid flex and assembly products.

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