Insider Selling: Filtronic plc (LON:FTC) Insider Sells 336,000 Shares of Stock

Filtronic plc (LON:FTC) insider Michael Tyerman sold 336,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of GBX 112 ($1.45), for a total transaction of £376,320 ($487,208.70).

Filtronic Trading Down 0.5 %

Filtronic stock opened at GBX 112.49 ($1.46) on Friday. The company has a debt-to-equity ratio of 20.36, a quick ratio of 2.13 and a current ratio of 2.08. Filtronic plc has a fifty-two week low of GBX 32 ($0.41) and a fifty-two week high of GBX 119 ($1.54). The stock has a market cap of £244.21 million, a P/E ratio of 77.09 and a beta of 0.87. The firm’s fifty day moving average price is GBX 103.71 and its 200-day moving average price is GBX 84.18.

Filtronic (LON:FTC) last announced its earnings results on Tuesday, February 4th. The company reported GBX 3.08 ($0.04) earnings per share for the quarter. Filtronic had a return on equity of 24.34% and a net margin of 12.35%. Equities research analysts forecast 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.