Filtronic (LON:FTC) Stock Crosses Above Two Hundred Day Moving Average of $7.75

Filtronic Plc (LON:FTC) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.75 and traded as high as $7.75. Filtronic shares last traded at $7.80, with a volume of 600,612 shares trading hands.

Separately, FinnCap reissued a “corporate” rating on shares of Filtronic in a research note on Friday, November 1st.

The company’s 50 day moving average price is GBX 8.07 and its 200 day moving average price is GBX 7.75. The company has a debt-to-equity ratio of 3.17, a current ratio of 1.97 and a quick ratio of 0.96. The firm has a market cap of $15.97 million and a PE ratio of -13.00.

About Filtronic (LON:FTC)

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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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