Christine Forget Purchases 950 Shares of Firan Technology Group (TSE:FTG) Stock

Firan Technology Group Co. (TSE:FTGGet Free Report) Director Christine Forget bought 950 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were purchased at an average price of C$19.38 per share, with a total value of C$18,411.00. Following the transaction, the director owned 950 shares of the company’s stock, valued at C$18,411. The trade was a ∞ increase in their ownership of the stock.

Firan Technology Group Price Performance

Firan Technology Group stock opened at C$20.28 on Friday. The business’s 50-day simple moving average is C$23.27 and its 200 day simple moving average is C$21.19. The stock has a market cap of C$510.51 million, a price-to-earnings ratio of 34.37 and a beta of 2.15. Firan Technology Group Co. has a 12-month low of C$9.78 and a 12-month high of C$26.63. The company has a quick ratio of 1.53, a current ratio of 2.66 and a debt-to-equity ratio of 26.70.

Firan Technology Group (TSE:FTGGet Free Report) last announced its quarterly earnings data on Wednesday, July 8th. The company reported C$0.20 EPS for the quarter. The firm had revenue of C$52.73 million during the quarter. Firan Technology Group had a return on equity of 15.33% and a net margin of 7.46%. As a group, research analysts anticipate that Firan Technology Group Co. will post 0.4199717 earnings per share for the current year.

Analysts Set New Price Targets

FTG has been the subject of several analyst reports. ATB Cormark Capital Markets set a C$30.00 price target on shares of Firan Technology Group and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. Raymond James Financial increased their price objective on shares of Firan Technology Group from C$24.00 to C$30.00 and gave the company an “outperform” rating in a report on Friday, July 10th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$30.00.

View Our Latest Stock Report on FTG

Firan Technology Group Company Profile

(Get Free Report)

FTG is an aerospace and defence electronics product and subsystem supplier to customers around the globe. FTG has two operating units: FTG Circuits: A manufacturer of high technology, high reliability printed circuit boards. Our customers are leaders in the aviation, defence, and high technology industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Fredericksburg, Virginia, Minnetonka, Minnesota, Haverhill, Massachusetts, and a joint venture in Tianjin, China. FTG Aerospace: Designs, certifies, manufactures, and provides in-service support for illuminated cockpit products and electronic assemblies for original equipment manufacturers and operators of aerospace and defence equipment.

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