Filtronic plc (LON:FTC) Insider Michael Tyerman Sells 336,000 Shares

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

Filtronic Price Performance

FTC stock opened at GBX 107 ($1.38) on Friday. The company has a fifty day simple moving average of GBX 103.93 and a two-hundred day simple moving average of GBX 84.42. Filtronic plc has a 52 week low of GBX 32 ($0.41) and a 52 week high of GBX 119 ($1.54). 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 firm has a market capitalization of £232.29 million, a P/E ratio of 73.32 and a beta of 0.87.

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

Filtronic Company Profile

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.