Filtronic plc (LON:FTC) Insider Sells £376,320 in Stock

Filtronic plc (LON:FTC) insider Michael Tyerman sold 336,000 shares of the stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of GBX 112 ($1.45), for a total transaction of £376,320 ($487,082.58).

Filtronic Stock Performance

LON FTC opened at GBX 107 ($1.38) on Friday. The company has a 50-day simple moving average of GBX 103.93 and a two-hundred day simple moving average of GBX 84.37. Filtronic plc has a 12-month low of GBX 32 ($0.41) and a 12-month high of GBX 119 ($1.54). The firm has a market cap of £232.29 million, a price-to-earnings ratio of 73.32 and a beta of 0.87. The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36.

Filtronic (LON:FTC) last issued its earnings results on Tuesday, February 4th. The company reported GBX 3.08 ($0.04) earnings per share for the quarter. Filtronic had a return on equity of 24.34% and a net margin of 12.35%. On average, equities analysts forecast that Filtronic plc will post 3.0730129 EPS for the current year.

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.