Firan Technology Group (TSE:FTG) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Firan Technology Group Co. (TSE:FTG) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$16.03 and traded as high as C$20.32. Firan Technology Group shares last traded at C$19.89, with a volume of 34,800 shares trading hands.

Analyst Ratings Changes

Separately, Raymond James Financial upped their price target on shares of Firan Technology Group from C$17.50 to C$20.00 and gave the stock a “peer perform” rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$16.00.

Firan Technology Group Stock Down 1.0%

The stock has a market cap of C$500.69 million, a PE ratio of 38.25 and a beta of 1.87. The business has a fifty day moving average of C$16.03 and a 200-day moving average of C$12.99. The company has a debt-to-equity ratio of 54.90, a current ratio of 2.48 and a quick ratio of 1.53.

Firan Technology Group Company Profile

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.