Filtronic (LON:FTC) Stock Crosses Above Two Hundred Day Moving Average of $23.88

Filtronic plc (LON:FTC)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 23.88 ($0.30) and traded as high as GBX 37.50 ($0.47). Filtronic shares last traded at GBX 37 ($0.46), with a volume of 255,659 shares.

Filtronic Trading Up 0.1 %

The business’s fifty day moving average price is GBX 34.88 and its 200 day moving average price is GBX 23.88. The company has a quick ratio of 2.13, a current ratio of 2.19 and a debt-to-equity ratio of 25.80. The firm has a market capitalization of £80.44 million, a PE ratio of 1,695.50 and a beta of 0.98.

Insider Buying and Selling

In other Filtronic news, insider Michael Tyerman sold 16,500 shares of the stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of GBX 37 ($0.46), for a total transaction of £6,105 ($7,663.82). 58.76% of the stock is owned by company insiders.

Filtronic Company Profile

Filtronic plc designs, develops, manufactures, and sells advanced radio frequency (RF) communications equipment for telecommunications infrastructure, aerospace and defense, critical communications, and space markets. It provides Morpheus II, an E-band transceiver module; Hades, an E-band active 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.