Michael Tyerman Sells 336,000 Shares of Filtronic plc (LON:FTC) Stock

Filtronic plc (LON:FTC) insider Michael Tyerman sold 336,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of GBX 112 ($1.44), for a total value of £376,320 ($484,511.39).

Filtronic Stock Performance

Shares of FTC stock traded down GBX 0.51 ($0.01) during trading on Thursday, reaching GBX 112.49 ($1.45). 1,340,853 shares of the company’s stock were exchanged, compared to its average volume of 1,784,223. The firm’s fifty day moving average price is GBX 103.40 and its 200-day moving average price is GBX 83.98. Filtronic plc has a twelve month low of GBX 32 ($0.41) and a twelve month high of GBX 119 ($1.53). The stock has a market capitalization of £244.21 million, a PE ratio of 77.09 and a beta of 0.87. The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36.

Filtronic (LON:FTC) last issued its quarterly earnings data on Tuesday, February 4th. The company reported GBX 3.08 ($0.04) earnings per share for the quarter. Filtronic had a net margin of 12.35% and a return on equity of 24.34%. As a group, sell-side analysts anticipate that Filtronic plc will post 3.0730129 EPS for the current year.

About Filtronic

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.