Mike Andrade Purchases 11,000 Shares of Firan Technology Group Co. (TSE:FTG) Stock

Firan Technology Group Co. (TSE:FTG) Director Mike Andrade acquired 11,000 shares of the business’s stock in a transaction dated Tuesday, April 16th. The stock was acquired at an average cost of C$5.39 per share, for a total transaction of C$59,290.00.

Firan Technology Group Stock Performance

Shares of TSE FTG opened at C$5.39 on Wednesday. The company has a debt-to-equity ratio of 58.33, a quick ratio of 1.53 and a current ratio of 2.24. The stock has a 50 day moving average price of C$5.48 and a 200 day moving average price of C$4.49. The stock has a market capitalization of C$128.66 million, a PE ratio of 11.23 and a beta of 1.47. Firan Technology Group Co. has a 52 week low of C$3.02 and a 52 week high of C$6.14.

Firan Technology Group (TSE:FTG) last released its earnings results on Thursday, April 11th. The company reported C$0.04 earnings per share for the quarter. The business had revenue of C$34.98 million during the quarter. Firan Technology Group had a net margin of 8.60% and a return on equity of 21.58%. Analysts predict that Firan Technology Group Co. will post 0.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Acumen Capital lifted their price target on shares of Firan Technology Group from C$6.00 to C$7.00 and gave the company a “buy” rating in a research note on Monday.

About Firan Technology Group

Firan Technology Group Corporation manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, Asia, Europe, and rest of Americas. The company operates in two segments, FTG Circuits and FTG Aerospace. It offers semi additive process technologies, high density interconnect products, high temperature rigid flex printed, RF boards, thermal management, and rigid flex and assembly products.