Filtronic (LON:FTC) Share Price Crosses Below 200-Day Moving Average of $7.87

Filtronic Plc (LON:FTC) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.87 and traded as low as $6.84. Filtronic shares last traded at $7.10, with a volume of 644,600 shares.

Separately, FinnCap reiterated a “corporate” rating on shares of Filtronic in a report on Wednesday, July 3rd.

The business has a fifty day moving average price of GBX 7.47 and a 200-day moving average price of GBX 7.87. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 3.74. The stock has a market capitalization of $14.83 million and a PE ratio of -23.67.

About Filtronic (LON:FTC)

Filtronic plc designs and manufactures customized radio frequency, microwave, and millimeter wave components and subsystems in the United Kingdom, rest of Europe, the Americas, and internationally. The company operates in two segments, Filtronic Wireless and Filtronic Broadband. It offers E-band and V-band transceiver modules; GaN amplifiers, including point-to-point backhaul radio links and power amplifiers; microwave and millimeter-wave filters and diplexers; E-band power amplifiers; and ultra-high capacity data links.

Further Reading: Return on Investment (ROI)

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