Filtronic (LON:FTC) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Filtronic plc (LON:FTC) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 62.49 ($0.82) and traded as high as GBX 67.10 ($0.88). Filtronic shares last traded at GBX 66.50 ($0.87), with a volume of 676,596 shares trading hands.

Filtronic Stock Up 0.8 %

The firm’s 50 day simple moving average is GBX 71.33 and its 200-day simple moving average is GBX 62.70. The company has a debt-to-equity ratio of 20.36, a current ratio of 2.08 and a quick ratio of 2.13. The company has a market cap of £146.65 million, a price-to-earnings ratio of 6,700.00 and a beta of 0.87.

Insider Activity at Filtronic

In other news, insider Michael Tyerman sold 15,625 shares of Filtronic stock in a transaction on Monday, September 2nd. The shares were sold at an average price of GBX 79 ($1.03), for a total value of £12,343.75 ($16,154.63). Insiders own 38.18% of the company’s stock.

Filtronic Company Profile

Filtronic plc designs, develops, manufactures, and sells advanced radio frequency (RF) communications equipment for telecommunications infrastructure, aerospace and defense, critical communications, and space markets. It provides Morpheus II, an E-band transceiver module; Hades, an E-band active diplexer; Cerus, an E-brand power amplifier for long range E-band communications; tower top amplifiers; Orpheus, an ultra-high-capacity turn-key solution for backhaul, fronthaul, and mid haul; switched filter banks; GaN amplifiers; custom filters products, including metal cavity, ceramic, combline, interdigital, lumped element, suspended substrate, waveguide, and thin-film filters; and custom combiner products.