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

Firan Technology Group Co. (TSE:FTG) Director Christine Forget bought 950 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were acquired at an average cost of C$19.38 per share, for a total transaction of C$18,411.00. Following the completion of the transaction, the director owned 950 shares of the company’s stock, valued at approximately C$18,411. The trade was a ∞ increase in their position.

Firan Technology Group Trading Up 4.1%

TSE:FTG opened at C$21.00 on Friday. The company has a debt-to-equity ratio of 26.70, a quick ratio of 1.53 and a current ratio of 2.66. Firan Technology Group Co. has a one year low of C$9.78 and a one year high of C$26.63. The business’s 50-day simple moving average is C$23.30 and its 200 day simple moving average is C$21.19. The stock has a market cap of C$528.63 million, a price-to-earnings ratio of 35.59 and a beta of 2.15.

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

Analyst Ratings Changes

A number of research firms have recently weighed in on FTG. Raymond James Financial raised their price target on shares of Firan Technology Group from C$24.00 to C$30.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. ATB Cormark Capital Markets set a C$30.00 price objective on shares of Firan Technology Group and gave the company an “outperform” rating in a research note on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$30.00.

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.