Filtronic (LON:FTC) Shares Cross Above 200 Day Moving Average of $13.79

Filtronic plc (LON:FTC) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 13.79 ($0.17) and traded as high as GBX 16.93 ($0.21). Filtronic shares last traded at GBX 16.50 ($0.21), with a volume of 141,824 shares trading hands.

Filtronic Stock Performance

The company has a debt-to-equity ratio of 20.06, a current ratio of 2.23 and a quick ratio of 2.13. The stock has a 50 day simple moving average of GBX 15.87 and a two-hundred day simple moving average of GBX 13.79. The company has a market cap of £35.49 million, a PE ratio of 1,695.50 and a beta of 1.29.

About Filtronic

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.