Firan Technology Group (TSE:FTG) Reaches New 1-Year High Following Analyst Upgrade

Firan Technology Group Co. (TSE:FTG) hit a new 52-week high during trading on Monday after Raymond James Financial raised their price target on the stock from C$17.50 to C$20.00. Raymond James Financial currently has a peer perform rating on the stock. Firan Technology Group traded as high as C$20.00 and last traded at C$19.96, with a volume of 234120 shares changing hands. The stock had previously closed at C$18.92.

Firan Technology Group Stock Performance

The stock’s 50-day simple moving average is C$14.12 and its 200 day simple moving average is C$12.34. The stock has a market capitalization of C$500.44 million, a price-to-earnings ratio of 35.50 and a beta of 1.26. The company has a quick ratio of 1.53, a current ratio of 2.54 and a debt-to-equity ratio of 50.28.

About Firan Technology Group

Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the global marketplace. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, subassemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe and generates substantial sales from the United States.