Firan Technology Group (TSE:FTG) PT Raised to C$7.00 at Acumen Capital

Firan Technology Group (TSE:FTG - Get Free Report) had its target price raised by research analysts at Acumen Capital from C$6.00 to C$7.00 in a research report issued on Monday, BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Acumen Capital's target price would suggest a potential upside of 31.83% from the stock's current price.

Firan Technology Group Trading Down 6.0 %

FTG traded down C$0.34 during trading hours on Monday, reaching C$5.31. 35,794 shares of the company's stock traded hands, compared to its average volume of 23,828. The firm has a market capitalization of C$126.75 million, a PE ratio of 11.08 and a beta of 1.47. The company has a quick ratio of 1.53, a current ratio of 2.24 and a debt-to-equity ratio of 58.33. Firan Technology Group has a 52-week low of C$3.02 and a 52-week high of C$6.14. The firm has a 50-day moving average price of C$5.44 and a 200 day moving average price of C$4.46.

Firan Technology Group (TSE:FTG - Get Free Report) last issued its quarterly earnings data on Thursday, April 11th. The company reported C$0.04 EPS for the quarter. The company had revenue of C$34.98 million during the quarter. Firan Technology Group had a net margin of 8.60% and a return on equity of 21.58%. As a group, sell-side analysts predict that Firan Technology Group will post 0.34 EPS for the current fiscal year.

About Firan Technology Group

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.