Firan Technology Group (TSE:FTG) Shares Pass Above Fifty Day Moving Average of $1.97

Firan Technology Group Corp. (TSE:FTG)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.97 and traded as high as $2.06. Firan Technology Group shares last traded at $1.92, with a volume of 19,236 shares.

The stock’s 50 day moving average is C$1.97 and its two-hundred day moving average is C$3.01. The company has a market capitalization of $48.84 million and a PE ratio of 19.90. The company has a quick ratio of 1.15, a current ratio of 1.98 and a debt-to-equity ratio of 41.23.

Firan Technology Group (TSE:FTG) last released its quarterly earnings data on Wednesday, April 8th. The company reported C($0.11) earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.02 by C($0.13). The company had revenue of C$24.54 million for the quarter, compared to the consensus estimate of C$25.44 million. On average, sell-side analysts predict that Firan Technology Group Corp. will post 0.29 EPS for the current fiscal year.

In other news, Senior Officer Bradley Collier Bourne purchased 18,100 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was acquired at an average cost of C$1.90 per share, with a total value of C$34,390.00. Following the completion of the transaction, the insider now owns 763,000 shares in the company, valued at approximately C$1,449,700.

About Firan Technology Group (TSE:FTG)

Firan Technology Group Corporation manufactures and sells printed circuit boards and precision illuminated display systems. It operates in two segments, FTG Aerospace and FTG Circuits. It offers mil-spec and technology printed circuit boards, such as specialty substrates, flexible circuits, rigid flex circuits, surface finishes, solder mask, and other products for various market applications, including avionics, military, telecom, medical, advanced test and measurement, contract manufacturers, and power.

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