Filtronic (LON:FTC) Stock Price Crosses Below Two Hundred Day Moving Average of $7.88
Filtronic Plc (LON:FTC) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.88 and traded as low as $6.80. Filtronic shares last traded at $6.80, with a volume of 56,880 shares traded.
Separately, FinnCap restated a “corporate” rating on shares of Filtronic in a research note on Wednesday, July 3rd.
The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 3.74. The business’s fifty day simple moving average is GBX 7.57 and its two-hundred day simple moving average is GBX 7.88. The company has a market cap of $14.94 million and a price-to-earnings ratio of -23.83.
Filtronic plc designs and manufactures customized radio frequency, microwave, and millimeter wave components and subsystems in the United Kingdom, rest of Europe, the Americas, and internationally. The company operates in two segments, Filtronic Wireless and Filtronic Broadband. It offers E-band and V-band transceiver modules; GaN amplifiers, including point-to-point backhaul radio links and power amplifiers; microwave and millimeter-wave filters and diplexers; E-band power amplifiers; and ultra-high capacity data links.
Further Reading: Understanding Stock Ratings
Receive News & Ratings for Filtronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Filtronic and related companies with MarketBeat.com's FREE daily email newsletter.