Filtronic (LON:FTC) Earns “Corporate” Rating from FinnCap

FinnCap reiterated their corporate rating on shares of Filtronic (LON:FTC) in a report issued on Friday morning, ThisIsMoney.Co.Uk reports.

Shares of LON FTC opened at GBX 8.24 ($0.11) on Friday. Filtronic has a 52-week low of GBX 5.25 ($0.07) and a 52-week high of GBX 23.63 ($0.31). The company has a debt-to-equity ratio of 3.74, a quick ratio of 1.35 and a current ratio of 1.74. The firm has a 50 day moving average price of GBX 7.65 and a two-hundred day moving average price of GBX 7.75. The stock has a market cap of $17.26 million and a P/E ratio of -27.45.

About Filtronic

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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