Firan Technology Group (TSE:FTG) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Firan Technology Group Co. (TSE:FTG) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$13.27 and traded as high as C$15.39. Firan Technology Group shares last traded at C$15.30, with a volume of 44,859 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial increased their target price on shares of Firan Technology Group from C$15.00 to C$17.50 and gave the company an “outperform” rating in a research report on Friday, January 30th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Firan Technology Group has a consensus rating of “Buy” and an average price target of C$14.75.

Firan Technology Group Trading Up 2.4%

The company has a current ratio of 2.54, a quick ratio of 1.53 and a debt-to-equity ratio of 50.28. The firm has a 50-day moving average price of C$13.27 and a 200-day moving average price of C$12.06. The company has a market capitalization of C$385.15 million, a price-to-earnings ratio of 27.32 and a beta of 1.26.

About Firan Technology Group

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.