Filtronic (LON:FTC) Issues Quarterly Earnings Results

Filtronic (LON:FTC) announced its earnings results on Tuesday. The company reported GBX 3.08 ($0.04) EPS for the quarter, Digital Look Earnings reports. Filtronic had a net margin of 12.35% and a return on equity of 23.83%.

Filtronic Stock Performance

Shares of LON FTC traded down GBX 1.50 ($0.02) during mid-day trading on Thursday, reaching GBX 92.50 ($1.16). 656,999 shares of the company were exchanged, compared to its average volume of 1,680,952. The company’s 50-day simple moving average is GBX 82.73 and its 200-day simple moving average is GBX 75.28. The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36. The stock has a market capitalization of £202.46 million, a P/E ratio of 9,250.00 and a beta of 0.87. Filtronic has a twelve month low of GBX 28 ($0.35) and a twelve month high of GBX 103 ($1.29).

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.