Filtronic (LON:FTC) Announces Quarterly Earnings Results

Filtronic (LON:FTC) released its quarterly earnings data on Tuesday. The company reported GBX 3.08 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Filtronic had a net margin of 12.35% and a return on equity of 23.83%.

Filtronic Stock Down 1.1 %

FTC stock traded down GBX 1 ($0.01) during mid-day trading on Thursday, hitting GBX 93 ($1.16). 1,056,233 shares of the company were exchanged, compared to its average volume of 1,696,307. The company has a debt-to-equity ratio of 20.36, a quick ratio of 2.13 and a current ratio of 2.08. Filtronic has a 1-year low of GBX 28 ($0.35) and a 1-year high of GBX 103 ($1.29). The firm has a market cap of £203.56 million, a P/E ratio of 9,300.00 and a beta of 0.87. The firm’s 50 day simple moving average is GBX 82.73 and its 200 day simple moving average is GBX 75.28.

About Filtronic

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.