Key Points
- Director Christine Forget purchased 950 Firan Technology Group shares at an average price of C$19.38, investing approximately C$18,411 and establishing a new position.
- FTG reported quarterly revenue of C$52.73 million and earnings of C$0.20 per share, with a 7.46% net margin and 15.33% return on equity.
- Analysts maintain a consensus “Buy” rating and a C$30.00 price target, while the stock recently traded at C$21.00 after gaining 4.1%.
Firan Technology Group Co. (TSE:FTG - Get Free Report) Director Christine Forget acquired 950 shares of Firan Technology Group stock in a transaction dated Monday, August 24th. The shares were acquired at an average price of C$19.38 per share, with a total value of C$18,411.00. Following the completion of the transaction, the director owned 950 shares of the company's stock, valued at approximately C$18,411. This trade represents a ∞ increase in their position.
Firan Technology Group Trading Up 4.1%
TSE:FTG opened at C$21.00 on Friday. Firan Technology Group Co. has a 1 year low of C$9.78 and a 1 year high of C$26.63. The stock has a market cap of C$528.63 million, a price-to-earnings ratio of 35.59 and a beta of 2.15. The business has a fifty day moving average of C$23.30 and a 200-day moving average of C$21.19. The company has a debt-to-equity ratio of 26.70, a quick ratio of 1.53 and a current ratio of 2.66.
Firan Technology Group (TSE:FTG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 8th. The company reported C$0.20 EPS for the quarter. Firan Technology Group had a net margin of 7.46% and a return on equity of 15.33%. The business had revenue of C$52.73 million for the quarter. Equities analysts predict that Firan Technology Group Co. will post 0.4199717 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several brokerages have commented on FTG. Raymond James Financial raised their target price on shares of Firan Technology Group from C$24.00 to C$30.00 and gave the stock an "outperform" rating in a report on Friday, July 10th. ATB Cormark Capital Markets set a C$30.00 price target on shares of Firan Technology Group and gave the company an "outperform" rating in a research report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Firan Technology Group currently has an average rating of "Buy" and a consensus target price of C$30.00.
Get Our Latest Stock Report on FTG
Firan Technology Group Company Profile
(
Get Free Report)
FTG is an aerospace and defence electronics product and subsystem supplier to customers around the globe. FTG has two operating units: FTG Circuits: A manufacturer of high technology, high reliability printed circuit boards. Our customers are leaders in the aviation, defence, and high technology industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Fredericksburg, Virginia, Minnetonka, Minnesota, Haverhill, Massachusetts, and a joint venture in Tianjin, China. FTG Aerospace: Designs, certifies, manufactures, and provides in-service support for illuminated cockpit products and electronic assemblies for original equipment manufacturers and operators of aerospace and defence equipment.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
