Filtronic (LON:FTC) Hits New 1-Year High – Should You Buy?

Filtronic plc (LON:FTCGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 108 ($1.33) and last traded at GBX 107 ($1.32), with a volume of 1839327 shares changing hands. The stock had previously closed at GBX 102 ($1.26).

Filtronic Stock Up 4.9 %

The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36. The stock has a 50 day moving average of GBX 84.56 and a 200 day moving average of GBX 75.88. The firm has a market capitalization of £234.20 million, a price-to-earnings ratio of 10,700.00 and a beta of 0.87.

Filtronic (LON:FTCGet Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported GBX 3.08 ($0.04) earnings per share for the quarter. Filtronic had a net margin of 12.35% and a return on equity of 23.83%. As a group, analysts expect that Filtronic plc will post 3.0730129 earnings per share for the current fiscal year.

Filtronic Company Profile

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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.

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