Firan Technology Group (TSE:FTG) Price Target Increased to C$7.00 by Analysts at Acumen Capital

Firan Technology Group (TSE:FTG) had its price objective raised by Acumen Capital from C$6.00 to C$7.00 in a research note released on Monday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Firan Technology Group Price Performance

Shares of TSE:FTG opened at C$5.31 on Monday. The company has a debt-to-equity ratio of 58.33, a current ratio of 2.24 and a quick ratio of 1.53. Firan Technology Group has a 1-year low of C$3.02 and a 1-year high of C$6.14. The company has a market capitalization of C$126.75 million, a P/E ratio of 11.06 and a beta of 1.47. The firm’s 50 day simple moving average is C$5.46 and its two-hundred day simple moving average is C$4.47.

Firan Technology Group (TSE:FTG) last issued its quarterly earnings results on Thursday, April 11th. The company reported C$0.04 earnings per share for the quarter. Firan Technology Group had a net margin of 8.60% and a return on equity of 21.58%. The business had revenue of C$34.98 million for the quarter. Research analysts expect 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.