Firan Technology Group (TSE:FTG) Price Target Raised to C$14.00 at Raymond James

Firan Technology Group (TSE:FTG) had its price target boosted by research analysts at Raymond James from C$11.00 to C$14.00 in a research note issued on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Raymond James’ price objective points to a potential upside of 26.58% from the company’s current price.

Separately, Acumen Capital increased their price target on shares of Firan Technology Group from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Friday, April 11th.

Firan Technology Group Trading Down 1.2%

Shares of TSE FTG traded down C$0.14 during trading hours on Monday, reaching C$11.06. The stock had a trading volume of 52,443 shares, compared to its average volume of 40,813. The business’s fifty day moving average price is C$8.89 and its two-hundred day moving average price is C$8.04. The firm has a market cap of C$278.75 million, a price-to-earnings ratio of 25.94 and a beta of 1.45. Firan Technology Group has a 52-week low of C$5.24 and a 52-week high of C$11.27. The company has a current ratio of 2.54, a quick ratio of 1.53 and a debt-to-equity ratio of 50.28.

Insider Activity at Firan Technology Group

In related news, Director Mike Andrade bought 10,000 shares of the stock in a transaction dated Friday, April 11th. The shares were acquired at an average cost of C$7.80 per share, for a total transaction of C$78,000.00. 32.64% of the stock is owned by corporate insiders.

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.