Filtronic (LON:FTC) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Filtronic plc (LON:FTCGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 82.77 ($1.07) and traded as high as GBX 111 ($1.43). Filtronic shares last traded at GBX 109 ($1.41), with a volume of 2,098,588 shares.

Filtronic Price Performance

The company has a debt-to-equity ratio of 20.36, a current ratio of 2.08 and a quick ratio of 2.13. The company has a 50 day moving average price of GBX 102.15 and a 200 day moving average price of GBX 82.97. The firm has a market cap of £249.65 million, a PE ratio of 78.81 and a beta of 0.87.

Filtronic (LON:FTCGet Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported GBX 3.08 ($0.04) EPS for the quarter. Filtronic had a net margin of 12.35% and a return on equity of 24.34%. Sell-side analysts expect that Filtronic plc will post 3.0730129 EPS for the current fiscal year.

About Filtronic

(Get Free Report)

For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today’s data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances.

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