Filtronic (LON:FTC) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Filtronic plc (LON:FTC)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 82.77 ($1.08) and traded as high as GBX 111 ($1.44). Filtronic shares last traded at GBX 109 ($1.42), with a volume of 2,098,588 shares traded.

Filtronic Trading Up 4.8 %

The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36. The business’s fifty day moving average is GBX 101.61 and its 200 day moving average is GBX 82.77. The firm has a market capitalization of £236.63 million, a price-to-earnings ratio of 74.70 and a beta of 0.87.

Filtronic (LON:FTC) last issued 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%. Equities analysts predict that Filtronic plc will post 3.0730129 earnings per share for the current year.

Filtronic Company Profile

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.