Firan Technology Group (FTG) Set to Announce Quarterly Earnings on Wednesday

Firan Technology Group (TSE:FTG) is scheduled to announce its earnings results after the market closes on Wednesday, July 10th.

Firan Technology Group (TSE:FTG) last posted its quarterly earnings results on Thursday, April 11th. The company reported C$0.04 earnings per share (EPS) for the quarter. The firm had revenue of C$34.98 million during the quarter. Firan Technology Group had a net margin of 5.91% and a return on equity of 15.46%.

Firan Technology Group Stock Up 1.8 %

TSE FTG opened at C$5.78 on Wednesday. Firan Technology Group has a 1-year low of C$3.02 and a 1-year high of C$6.14. The company has a market capitalization of C$137.97 million, a price-to-earnings ratio of 16.51 and a beta of 1.49. The stock’s 50 day moving average is C$5.31 and its two-hundred day moving average is C$5.08. The company has a current ratio of 2.25, a quick ratio of 1.53 and a debt-to-equity ratio of 57.92.

Insider Transactions at Firan Technology Group

In related news, Senior Officer Bradley Collier Bourne bought 13,000 shares of Firan Technology Group stock in a transaction dated Monday, April 22nd. The shares were bought at an average cost of C$4.97 per share, for a total transaction of C$64,610.00. In other news, Senior Officer Bradley Collier Bourne acquired 13,000 shares of the company’s stock in a transaction on Monday, April 22nd. The stock was purchased at an average cost of C$4.97 per share, with a total value of C$64,610.00. Also, Director Mike Andrade bought 11,000 shares of Firan Technology Group stock in a transaction dated Tuesday, April 16th. The stock was acquired at an average cost of C$5.39 per share, for a total transaction of C$59,290.00. Over the last 90 days, insiders bought 28,000 shares of company stock valued at $138,380. Corporate insiders own 34.22% of the company’s stock.

Analyst Ratings Changes

Separately, Acumen Capital boosted their price target on Firan Technology Group from C$6.00 to C$7.00 and gave the company a “buy” rating in a research note on Monday, April 15th.

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.