Firan Technology Group (TSE:FTG) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Shares of Firan Technology Group Co. (TSE:FTG) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$11.23 and traded as high as C$13.42. Firan Technology Group shares last traded at C$13.40, with a volume of 145,523 shares trading hands.

Firan Technology Group Stock Up 10.4%

The company has a market capitalization of C$337.32 million, a PE ratio of 23.93 and a beta of 1.05. The company has a debt-to-equity ratio of 50.28, a current ratio of 2.54 and a quick ratio of 1.53. The company has a 50-day moving average of C$11.23 and a two-hundred day moving average of C$11.47.

Firan Technology Group (TSE:FTG) last posted its quarterly earnings data on Wednesday, October 8th. The company reported C$0.12 EPS for the quarter. The firm had revenue of C$47.74 million for the quarter. Firan Technology Group had a return on equity of 16.22% and a net margin of 6.47%. Sell-side analysts anticipate that Firan Technology Group Co. will post 0.4199717 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Firan Technology Group news, Director Bradley Collier Bourne acquired 7,500 shares of the company’s stock in a transaction dated Friday, October 17th. The stock was purchased at an average price of C$10.00 per share, with a total value of C$75,000.00. Following the completion of the purchase, the director directly owned 2,759,966 shares in the company, valued at approximately C$27,599,660. The trade was a 0.27% increase in their position. 32.64% of the stock is owned by corporate insiders.

Firan Technology Group Company Profile

Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the global marketplace. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, subassemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe and generates substantial sales from the United States.