Firan Technology Group (FTG) Downgraded to “Hold” at Beacon Securities
Beacon Securities downgraded shares of Firan Technology Group (TSE:FTG) from a buy rating to a hold rating in a research report sent to investors on Friday. Beacon Securities also issued estimates for Firan Technology Group’s Q2 2018 earnings at $0.03 EPS, Q3 2018 earnings at $0.04 EPS and Q4 2018 earnings at $0.04 EPS.
Shares of TSE:FTG opened at C$2.18 on Friday. Firan Technology Group has a 52-week low of C$2.04 and a 52-week high of C$4.65.
Firan Technology Group (TSE:FTG) last issued its earnings results on Wednesday, February 7th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.05 by C($0.04). Firan Technology Group had a net margin of 0.71% and a return on equity of 2.10%. The firm had revenue of C$22.87 million during the quarter, compared to analyst estimates of C$24.02 million.
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Firan Technology Group Corporation manufactures and sells printed circuit boards and precision illuminated display systems. It operates in two segments, FTG Aerospace and FTG Circuits. It offers mil-spec and technology printed circuit boards, such as specialty substrates, flexible circuits, rigid flex circuits, surface finishes, solder mask, and other products for various market applications, including avionics, military, telecom, medical, advanced test and measurement, contract manufacturers, and power.
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