Insider Buying: Firan Technology Group Co. (TSE:FTG) Director Buys 10,000 Shares of Stock

Firan Technology Group Co. (TSE:FTG) Director Mike Andrade purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 11th. The stock was bought at an average price of C$7.80 per share, for a total transaction of C$78,000.00.

Mike Andrade also recently made the following trade(s):

• On Thursday, February 27th, Mike Andrade bought 4,000 shares of Firan Technology Group stock. The shares were bought at an average cost of C$7.58 per share, for a total transaction of C$30,320.00.

Firan Technology Group Stock Up 7.0 %

TSE:FTG opened at C$7.98 on Friday. Firan Technology Group Co. has a 1-year low of C$4.90 and a 1-year high of C$8.92. The company has a market capitalization of C$201.12 million, a PE ratio of 18.71 and a beta of 1.45. The firm’s 50-day moving average price is C$7.57 and its 200-day moving average price is C$7.35. The company has a debt-to-equity ratio of 50.28, a current ratio of 2.54 and a quick ratio of 1.53.

Analyst Ratings Changes

Several brokerages have commented on FTG. Raymond James raised Firan Technology Group to a “moderate buy” rating in a research report on Tuesday, April 8th. Acumen Capital lifted their price target on Firan Technology Group from C$11.50 to C$12.00 and gave the company a “buy” rating in a research report on Friday.

About Firan Technology Group

Firan Technology Group Corporation manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, Asia, Europe, and rest of Americas. The company operates in two segments, FTG Circuits and FTG Aerospace. It offers semi additive process technologies, high density interconnect products, high temperature rigid flex printed, RF boards, thermal management, and rigid flex and assembly products.