Filtronic (LON:FTC) Shares Cross Below 200 Day Moving Average of $12.95

Filtronic plc (LON:FTCGet Rating) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 12.95 ($0.16) and traded as low as GBX 12.27 ($0.15). Filtronic shares last traded at GBX 12.63 ($0.15), with a volume of 193,913 shares traded.

Filtronic Stock Performance

The stock has a market capitalization of £27.16 million and a P/E ratio of 1,262.50. The stock has a 50 day moving average of GBX 12.91 and a 200 day moving average of GBX 12.95. The company has a debt-to-equity ratio of 16.48, a quick ratio of 2.13 and a current ratio of 2.78.

About Filtronic

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Filtronic plc designs, develops, manufactures, and sells advanced radio frequency (RF) communications equipment for telecommunications infrastructure, aerospace and defense, critical communications, and space market sectors in the United Kingdom, Europe, the Americas, and internationally. It provides Morpheus II, an E-band transceiver module; Hades, an E-band mmWave diplexer; Cerus, an E-brand power amplifier for long range E-band communications; tower top amplifiers; Orpheus, an ultra-high-capacity turn-key solution for backhaul, fronthaul, and mid haul; switched filter banks; GaN amplifiers; custom filters products, including metal cavity, ceramic, combline, interdigital, lumped element, suspended substrate, waveguide, and thin-film filters; and custom combiner products.

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