FY2017 EPS Estimates for Firan Technology Group Corp. Reduced by Analyst (FTG)
Firan Technology Group Corp. (TSE:FTG) – Equities researchers at Clarus Securities dropped their FY2017 EPS estimates for Firan Technology Group Corp. in a note issued to investors on Thursday. Clarus Securities analyst N. Atkinson now forecasts that the firm will post earnings per share of $0.28 for the year, down from their previous estimate of $0.31.
Several other brokerages also recently issued reports on FTG. Beacon Securities restated a “buy” rating on shares of Firan Technology Group Corp. in a research note on Thursday, August 4th. Paradigm Capital raised their price objective on shares of Firan Technology Group Corp. from C$4.00 to C$4.75 in a research note on Tuesday, July 12th.
Firan Technology Group Corp. (TSE:FTG) traded up 4.41% during mid-day trading on Friday, hitting $3.08. 153,150 shares of the company were exchanged. The stock’s 50 day moving average is $2.77 and its 200-day moving average is $2.54. The company has a market cap of $57.45 million and a price-to-earnings ratio of 6.31. Firan Technology Group Corp. has a 12-month low of $2.01 and a 12-month high of $3.10.
About Firan Technology Group Corp.
Firan Technology Group Corporation (FTG) is a Canada-based supplier of aerospace and defense electronic products and subsystems. The Company operates through two segments: FTG Aerospace and FTG Circuits. The FTG Aerospace segment manufactures illuminated cockpit panels, keyboards, bezels, and sub-assemblies and assemblies for original equipment manufacturers (OEMs) of avionics products, as well as for airframe manufacturers around the world.
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