Firan Technology Group (TSE:FTG) Director Christine Forget Purchases 950 Shares of Stock

Firan Technology Group Co. (TSE:FTG) Director Christine Forget purchased 950 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were bought at an average price of C$19.38 per share, with a total value of C$18,411.00. Following the purchase, the director directly owned 950 shares of the company’s stock, valued at approximately C$18,411. The trade was a ∞ increase in their ownership of the stock.

Firan Technology Group Stock Performance

TSE:FTG traded up C$0.69 during midday trading on Thursday, reaching C$20.86. The stock had a trading volume of 25,771 shares, compared to its average volume of 91,843. The firm has a fifty day simple moving average of C$23.30 and a two-hundred day simple moving average of C$21.15. Firan Technology Group Co. has a 12-month low of C$9.78 and a 12-month high of C$26.63. The company has a quick ratio of 1.53, a current ratio of 2.66 and a debt-to-equity ratio of 26.70. The stock has a market cap of C$525.11 million, a P/E ratio of 35.36 and a beta of 2.15.

Firan Technology Group (TSE:FTG) last announced its quarterly earnings data on Wednesday, July 8th. The company reported C$0.20 earnings per share (EPS) for the quarter. Firan Technology Group had a net margin of 7.46% and a return on equity of 15.33%. The company had revenue of C$52.73 million for the quarter. On average, equities analysts expect that Firan Technology Group Co. will post 0.4199717 EPS for the current year.

Wall Street Analysts Forecast Growth

FTG has been the subject of several analyst reports. ATB Cormark Capital Markets set a C$30.00 price target on shares of Firan Technology Group and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Raymond James Financial lifted their price objective on Firan Technology Group from C$24.00 to C$30.00 and gave the company an “outperform” rating in a report on Friday, July 10th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$30.00.

Firan Technology Group Company Profile

FTG is an aerospace and defence electronics product and subsystem supplier to customers around the globe. FTG has two operating units: FTG Circuits: A manufacturer of high technology, high reliability printed circuit boards. Our customers are leaders in the aviation, defence, and high technology industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California, Fredericksburg, Virginia, Minnetonka, Minnesota, Haverhill, Massachusetts, and a joint venture in Tianjin, China. FTG Aerospace: Designs, certifies, manufactures, and provides in-service support for illuminated cockpit products and electronic assemblies for original equipment manufacturers and operators of aerospace and defence equipment.