Firan Technology Group (TSE:FTG) Shares Up 12.4%

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Firan Technology Group Corp. (TSE:FTG)’s stock price shot up 12.4% during mid-day trading on Thursday . The company traded as high as C$3.87 and last traded at C$3.80, 113,005 shares changed hands during trading. An increase of 475% from the average session volume of 19,647 shares. The stock had previously closed at C$3.38.

The firm has a market capitalization of $74.51 million and a PE ratio of 21.59. The company has a quick ratio of 1.11, a current ratio of 2.58 and a debt-to-equity ratio of 18.23. The firm’s fifty day simple moving average is C$3.25.

Firan Technology Group (TSE:FTG) last announced its quarterly earnings results on Wednesday, April 10th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). The firm had revenue of C$25.39 million during the quarter, compared to analysts’ expectations of C$29.31 million. As a group, research analysts anticipate that Firan Technology Group Corp. will post 0.29 earnings per share for the current year.

Firan Technology Group Company Profile (TSE:FTG)

Firan Technology Group Corporation manufactures and sells printed circuit boards and precision illuminated display systems. It operates in two segments, FTG Aerospace and FTG Circuits. It offers mil-spec and technology printed circuit boards, such as specialty substrates, flexible circuits, rigid flex circuits, surface finishes, solder mask, and other products for various market applications, including avionics, military, telecom, medical, advanced test and measurement, contract manufacturers, and power.

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