Firan Technology Group (TSE:FTG) Price Target Increased to C$7.00 by Analysts at Acumen Capital

Firan Technology Group (TSE:FTG) had its price target boosted by Acumen Capital from C$6.00 to C$7.00 in a research report report published on Monday, BayStreet.CA reports. They currently have a buy rating on the stock.

Firan Technology Group Stock Performance

TSE:FTG opened at C$5.28 on Monday. The business has a 50 day moving average of C$5.49 and a 200 day moving average of C$4.50. The company has a market capitalization of C$126.03 million, a price-to-earnings ratio of 11.00 and a beta of 1.47. Firan Technology Group has a 1-year low of C$3.02 and a 1-year high of C$6.14. The company has a debt-to-equity ratio of 58.33, a current ratio of 2.24 and a quick ratio of 1.53.

Firan Technology Group (TSE:FTG) last announced its quarterly earnings data on Thursday, April 11th. The company reported C$0.04 earnings per share for the quarter. Firan Technology Group had a return on equity of 21.58% and a net margin of 8.60%. The firm had revenue of C$34.98 million during the quarter. On average, sell-side analysts predict that Firan Technology Group will post 0.34 earnings per share for the current fiscal year.

Insider Buying and Selling at Firan Technology Group

In other Firan Technology Group news, Director Mike Andrade bought 11,000 shares of Firan Technology Group stock in a transaction dated Tuesday, April 16th. The shares were purchased at an average cost of C$5.39 per share, with a total value of C$59,290.00. Corporate insiders own 34.10% of the company’s stock.

Firan Technology Group Company Profile

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.