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

Firan Technology Group logo with Industrials background

Firan Technology Group Co. (TSE:FTG - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$7.79 and traded as high as C$9.04. Firan Technology Group shares last traded at C$8.97, with a volume of 19,478 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Raymond James upgraded shares of Firan Technology Group to a "moderate buy" rating in a research report on Tuesday, April 8th. Acumen Capital lifted their price objective on Firan Technology Group from C$11.50 to C$12.00 and gave the stock a "buy" rating in a research report on Friday, April 11th.

Read Our Latest Analysis on FTG

Firan Technology Group Trading Down 0.9 %

The company has a current ratio of 2.54, a quick ratio of 1.53 and a debt-to-equity ratio of 50.28. The firm's 50-day moving average price is C$7.79 and its 200 day moving average price is C$7.65. The company has a market cap of C$226.07 million, a price-to-earnings ratio of 21.03 and a beta of 1.45.

Insider Buying and Selling at Firan Technology Group

In other news, Director Mike Andrade bought 4,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of C$7.58 per share, for a total transaction of C$30,320.00. Also, Senior Officer James Crichton sold 10,400 shares of Firan Technology Group stock in a transaction on Monday, February 24th. The shares were sold at an average price of C$8.08, for a total transaction of C$84,032.00. Over the last ninety days, insiders purchased 15,100 shares of company stock valued at $116,548. Corporate insiders own 32.64% of the company's stock.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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