Filtronic plc (LON:FTC - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 66.98 ($0.87) and traded as high as GBX 78 ($1.02). Filtronic shares last traded at GBX 76 ($0.99), with a volume of 1,909,531 shares traded.
Filtronic Price Performance
The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36. The stock has a market capitalization of £164.16 million, a PE ratio of 7,500.00 and a beta of 0.87. The company has a 50-day moving average of GBX 71.25 and a 200 day moving average of GBX 67.04.
Insider Buying and Selling
In related news, insider Michael Tyerman bought 5,500 shares of the company's stock in a transaction on Wednesday, October 2nd. The stock was bought at an average cost of GBX 64 ($0.83) per share, for a total transaction of £3,520 ($4,582.14). 38.18% of the stock is owned by company insiders.
About Filtronic
(
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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
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