Firan Technology Group (TSE:FTG) Shares Cross Above 50-Day Moving Average – What’s Next?

Shares of Firan Technology Group Co. (TSE:FTGGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$19.65 and traded as high as C$20.42. Firan Technology Group shares last traded at C$20.29, with a volume of 79,339 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial boosted their target price on shares of Firan Technology Group from C$20.00 to C$24.00 and gave the company an “outperform” rating in a report on Friday, April 10th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Firan Technology Group has a consensus rating of “Buy” and an average target price of C$24.00.

Check Out Our Latest Analysis on FTG

Firan Technology Group Trading Down 0.2%

The firm has a 50-day moving average price of C$19.64 and a 200-day moving average price of C$15.51. The company has a debt-to-equity ratio of 31.08, a quick ratio of 1.53 and a current ratio of 2.65. The stock has a market cap of C$504.47 million, a PE ratio of 37.81 and a beta of 1.96.

Firan Technology Group (TSE:FTGGet Free Report) last posted its quarterly earnings results on Wednesday, April 8th. The company reported C$0.14 earnings per share (EPS) for the quarter. The firm had revenue of C$47.30 million during the quarter. Firan Technology Group had a return on equity of 14.24% and a net margin of 6.85%. As a group, equities analysts anticipate that Firan Technology Group Co. will post 0.4199717 EPS for the current fiscal year.

About Firan Technology Group

(Get Free Report)

Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the global marketplace. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, subassemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe and generates substantial sales from the United States.

Further Reading

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