Filtronic (LON:FTC) Stock Price Crosses Above 200-Day Moving Average of $23.88

→ $21,000 in profits in six weeks? (From InvestorPlace) (Ad)

Filtronic plc (LON:FTC - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 23.88 ($0.30) and traded as high as GBX 37.50 ($0.47). Filtronic shares last traded at GBX 37 ($0.46), with a volume of 255,659 shares.

Filtronic Price Performance

The firm has a market capitalization of £81.42 million, a price-to-earnings ratio of 1,695.50 and a beta of 0.98. The company's 50 day moving average is GBX 35.16 and its 200-day moving average is GBX 23.98. The company has a current ratio of 2.19, a quick ratio of 2.13 and a debt-to-equity ratio of 25.80.

Insider Transactions at Filtronic

In other Filtronic news, insider Michael Tyerman sold 16,500 shares of Filtronic stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of GBX 37 ($0.46), for a total transaction of £6,105 ($7,663.82). 58.76% of the stock is currently owned by insiders.

About Filtronic

(Get Free Report)

Filtronic plc designs, develops, manufactures, and sells advanced radio frequency (RF) communications equipment for telecommunications infrastructure, aerospace and defense, critical communications, and space markets. It provides Morpheus II, an E-band transceiver module; Hades, an E-band active diplexer; Cerus, an E-brand power amplifier for long range E-band communications; tower top amplifiers; Orpheus, an ultra-high-capacity turn-key solution for backhaul, fronthaul, and mid haul; switched filter banks; GaN amplifiers; custom filters products, including metal cavity, ceramic, combline, interdigital, lumped element, suspended substrate, waveguide, and thin-film filters; and custom combiner products.

Further Reading

Should you invest $1,000 in Filtronic right now?

Before you consider Filtronic, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Filtronic wasn't on the list.

While Filtronic currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Featured Articles and Offers

Search Headlines: