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Firan Technology Group (TSE:FTG) Stock Crosses Above Fifty Day Moving Average - Here's What Happened

Firan Technology Group logo with Industrials background

Firan Technology Group Co. (TSE:FTG - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$8.57 and traded as high as C$9.92. Firan Technology Group shares last traded at C$9.65, with a volume of 9,264 shares trading hands.

Analyst Upgrades and Downgrades

FTG has been the topic of a number of analyst reports. Raymond James raised shares of Firan Technology Group to a "moderate buy" rating in a research note on Tuesday, April 8th. Acumen Capital upped their price objective on shares of Firan Technology Group from C$11.50 to C$12.00 and gave the company a "buy" rating in a research note on Friday, April 11th.

View Our Latest Stock Report on FTG

Firan Technology Group Stock Performance

The stock's 50 day moving average price is C$8.75 and its 200 day moving average price is C$7.99. The company has a debt-to-equity ratio of 50.28, a quick ratio of 1.53 and a current ratio of 2.54. The company has a market capitalization of C$271.94 million, a P/E ratio of 25.30 and a beta of 1.45.

Insider Buying and Selling

In related news, Director Mike Andrade bought 10,000 shares of the business's stock in a transaction that occurred on Friday, April 11th. The shares were acquired at an average cost of C$7.80 per share, with a total value of C$78,000.00. 32.64% of the stock is owned by 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.

Further Reading

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