Filtronic (LON:FTC) Reaches New 1-Year High – Here’s What Happened

Filtronic plc (LON:FTCGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 101 ($1.23) and last traded at GBX 101 ($1.23), with a volume of 3688941 shares. The stock had previously closed at GBX 90.75 ($1.11).

Filtronic Stock Up 11.3 %

The business has a fifty day moving average price of GBX 74.94 and a two-hundred day moving average price of GBX 72.44. The company has a current ratio of 2.08, a quick ratio of 2.13 and a debt-to-equity ratio of 20.36. The company has a market cap of £221.07 million, a price-to-earnings ratio of 10,100.00 and a beta of 0.87.

Filtronic Company Profile

(Get Free Report)

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.

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