Firan Technology Group Co. (TSE:FTG – Get Free Report) Director Brandon Kuecker sold 3,272 shares of the business’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of C$32.00, for a total transaction of C$104,704.00. Following the completion of the sale, the director directly owned 10,986 shares in the company, valued at C$351,552. This trade represents a 22.95% decrease in their position.
Firan Technology Group Price Performance
FTG traded up C$0.34 during midday trading on Friday, reaching C$34.34. 71,997 shares of the company’s stock were exchanged, compared to its average volume of 95,259. The firm has a market capitalization of C$864.44 million, a price-to-earnings ratio of 39.02 and a beta of 1.66. The company has a quick ratio of 1.53, a current ratio of 2.40 and a debt-to-equity ratio of 20.05. Firan Technology Group Co. has a one year low of C$9.78 and a one year high of C$35.24. The business has a 50-day simple moving average of C$24.13 and a two-hundred day simple moving average of C$22.76.
Firan Technology Group (TSE:FTG – Get Free Report) last announced its earnings results on Wednesday, October 7th. The company reported C$0.41 earnings per share (EPS) for the quarter. The business had revenue of C$64.10 million during the quarter. Firan Technology Group had a net margin of 10.22% and a return on equity of 21.62%. As a group, research analysts predict that Firan Technology Group Co. will post 0.42 EPS for the current year.
Wall Street Analyst Weigh In
FTG has been the subject of a number of research reports. Raymond James Financial lowered their price target on shares of Firan Technology Group from C$38.00 to C$30.00 and set an “outperform” rating for the company in a report on Friday, October 9th. ATB Cormark Capital Markets upped their price objective on Firan Technology Group from C$30.00 to C$40.00 and gave the stock an “outperform” rating in a report on Friday, October 9th. Two equities 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 price target of C$35.00.
View Our Latest Stock Analysis on Firan Technology Group
Firan Technology Group Company Profile
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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