Filtronic (LON:FTC) Shares Pass Above Two Hundred Day Moving Average of $12.64

Filtronic plc (LON:FTCGet Rating)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 12.64 ($0.15) and traded as high as GBX 13.02 ($0.16). Filtronic shares last traded at GBX 12.75 ($0.16), with a volume of 333,203 shares traded.

Filtronic Trading Down 3.8 %

The firm has a market capitalization of £27.43 million, a PE ratio of 1,275.00 and a beta of 1.32. The stock’s 50-day moving average price is GBX 12.93 and its 200 day moving average price is GBX 12.64. The company has a debt-to-equity ratio of 18.11, a current ratio of 3.18 and a quick ratio of 2.13.

Insider Transactions at Filtronic

In other Filtronic news, insider Richard Gibbs acquired 175,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 7th. The shares were bought at an average cost of GBX 11 ($0.13) per share, with a total value of £19,250 ($23,461.30). Corporate insiders own 66.12% of the company’s stock.

Filtronic Company Profile

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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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