Filtronic (LON:FTC) Announces Quarterly Earnings Results

Filtronic (LON:FTC) released its earnings results on Tuesday. The company reported GBX 3.08 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Filtronic had a return on equity of 23.83% and a net margin of 12.35%.

Filtronic Stock Down 2.4 %

Shares of FTC traded down GBX 2.30 ($0.03) during midday trading on Thursday, reaching GBX 91.70 ($1.15). The stock had a trading volume of 1,246,483 shares, compared to its average volume of 1,703,625. Filtronic has a 1-year low of GBX 28 ($0.35) and a 1-year high of GBX 103 ($1.29). The company’s fifty day simple moving average is GBX 82.73 and its two-hundred day simple moving average is GBX 75.28. The company has a market cap of £200.71 million, a price-to-earnings ratio of 9,170.00 and a beta of 0.87. The company has a debt-to-equity ratio of 20.36, a current ratio of 2.08 and a quick ratio of 2.13.

About Filtronic

For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today’s data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances.