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Filtronic (LON:FTC) Reaches New 1-Year High - What's Next?

Filtronic logo with Computer and Technology background

Filtronic plc (LON:FTC - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 84 ($1.05) and last traded at GBX 82.04 ($1.02), with a volume of 8526034 shares. The stock had previously closed at GBX 76 ($0.95).

Filtronic Price Performance

The business's fifty day simple moving average is GBX 73.79 and its 200-day simple moving average is GBX 71.99. The company has a current ratio of 2.08, a quick ratio of 2.13 and a debt-to-equity ratio of 20.36. The firm has a market cap of £179.58 million, a P/E ratio of 8,204.40 and a beta of 0.87.

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.

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