Filtronic (LON:FTC) Stock Passes Below 200-Day Moving Average of $0.00

Filtronic Plc (LON:FTC)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $7.71. Filtronic shares last traded at $8.45, with a volume of 277,422 shares trading hands.

Separately, FinnCap reiterated a “corporate” rating on shares of Namibian Resources in a research note on Wednesday, July 3rd.

The company has a debt-to-equity ratio of 3.74, a quick ratio of 1.35 and a current ratio of 1.74. The stock has a market cap of $17.22 million and a PE ratio of -27.50. The business’s 50 day moving average price is GBX 7.55.

About Filtronic (LON:FTC)

Filtronic plc designs and manufactures customized radio frequency, microwave, and millimeter wave components and subsystems in the United Kingdom, rest of Europe, the Americas, and internationally. The company operates in two segments, Filtronic Wireless and Filtronic Broadband. It offers E-band and V-band transceiver modules; GaN amplifiers, including point-to-point backhaul radio links and power amplifiers; microwave and millimeter-wave filters and diplexers; E-band power amplifiers; and ultra-high capacity data links.

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