Filtronic (FTC) Trading Up 10.2%

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Filtronic Plc (LON:FTC) was up 10.2% on Wednesday . The stock traded as high as GBX 17.75 ($0.23) and last traded at GBX 17.50 ($0.23). Approximately 1,178,868 shares changed hands during mid-day trading, an increase of 374% from the average daily volume of 248,762 shares. The stock had previously closed at GBX 15.88 ($0.21).

About Filtronic (LON:FTC)

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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