Filtronic (LON:FTC) Announces Quarterly Earnings Results

Filtronic (LON:FTC) issued its quarterly earnings data on Tuesday. The company reported GBX 3.08 ($0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Filtronic had a net margin of 12.35% and a return on equity of 23.83%.

Filtronic Stock Down 1.6 %

Shares of FTC stock traded down GBX 1.50 ($0.02) during trading hours on Thursday, hitting GBX 92.50 ($1.16). 656,999 shares of the company were exchanged, compared to its average volume of 1,680,952. The business has a 50 day moving average of GBX 82.73 and a two-hundred day moving average of GBX 75.28. The company has a current ratio of 2.08, a quick ratio of 2.13 and a debt-to-equity ratio of 20.36. Filtronic has a 52 week low of GBX 28 ($0.35) and a 52 week high of GBX 103 ($1.29). The company has a market capitalization of £202.46 million, a PE ratio of 9,250.00 and a beta of 0.87.

Filtronic Company Profile

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.