Firan Technology Group (TSE:FTG) PT Raised to C$7.00 at Acumen Capital

Firan Technology Group (TSE:FTG) had its target price raised by equities researchers at Acumen Capital from C$6.00 to C$7.00 in a note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Acumen Capital’s target price suggests a potential upside of 31.58% from the stock’s current price.

Firan Technology Group Trading Down 5.8 %

FTG stock traded down C$0.33 during midday trading on Monday, hitting C$5.32. 31,324 shares of the company’s stock were exchanged, compared to its average volume of 23,686. The business has a 50-day simple moving average of C$5.44 and a two-hundred day simple moving average of C$4.46. The company has a current ratio of 2.24, a quick ratio of 1.53 and a debt-to-equity ratio of 58.33. The stock has a market capitalization of C$126.99 million, a PE ratio of 11.04 and a beta of 1.47. Firan Technology Group has a 1-year low of C$3.02 and a 1-year high of C$6.14.

Firan Technology Group (TSE:FTG) last posted its earnings results on Thursday, April 11th. The company reported C$0.04 earnings per share (EPS) for the quarter. The company had revenue of C$34.98 million during the quarter. Firan Technology Group had a return on equity of 21.58% and a net margin of 8.60%. On average, sell-side analysts predict that Firan Technology Group will post 0.34 EPS for the current fiscal year.

Firan Technology Group Company Profile

Firan Technology Group Corporation manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, Asia, Europe, and rest of Americas. The company operates in two segments, FTG Circuits and FTG Aerospace. It offers semi additive process technologies, high density interconnect products, high temperature rigid flex printed, RF boards, thermal management, and rigid flex and assembly products.