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Michael Tyerman Sells 336,000 Shares of Filtronic plc (LON:FTC) Stock

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Filtronic plc (LON:FTC - Get Free Report) insider Michael Tyerman sold 336,000 shares of the business's stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of GBX 112 ($1.45), for a total value of £376,320 ($486,201.55).

Filtronic Stock Performance

Shares of Filtronic stock traded down GBX 5.60 ($0.07) on Monday, reaching GBX 102 ($1.32). 1,886,113 shares of the company traded hands, compared to its average volume of 1,779,601. The company has a 50 day moving average of GBX 103.93 and a 200 day moving average of GBX 84.47. The company has a debt-to-equity ratio of 20.36, a current ratio of 2.08 and a quick ratio of 2.13. Filtronic plc has a 52 week low of GBX 32 ($0.41) and a 52 week high of GBX 119 ($1.54). The firm has a market capitalization of £221.43 million, a PE ratio of 69.90 and a beta of 0.87.

Filtronic (LON:FTC - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported GBX 3.08 ($0.04) earnings per share for the quarter. Filtronic had a return on equity of 24.34% and a net margin of 12.35%. Equities analysts forecast that Filtronic plc will post 3.0730129 earnings per share for the current year.

About Filtronic

(Get Free Report)

For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today's data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances.

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