Firan Technology Group Co. (TSE:FTG) Director Purchases C$59,290.00 in Stock

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

Firan Technology Group Stock Up 1.1 %

Shares of TSE FTG opened at C$5.34 on Friday. Firan Technology Group Co. has a 1 year low of C$3.02 and a 1 year high of C$6.14. The firm has a market cap of C$127.47 million, a price-to-earnings ratio of 11.13 and a beta of 1.47. 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’s 50-day simple moving average is C$5.51 and its 200-day simple moving average is C$4.50.

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

Wall Street Analysts Forecast Growth

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