Firan Technology Group (TSE:FTG) Price Target Raised to C$17.50

Firan Technology Group (TSE:FTG) had its price objective hoisted by Raymond James Financial from C$15.00 to C$17.50 in a research report sent to investors on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Firan Technology Group Stock Performance

Shares of Firan Technology Group stock opened at C$14.59 on Friday. The firm’s fifty day simple moving average is C$12.31 and its 200-day simple moving average is C$11.76. Firan Technology Group has a 12 month low of C$6.66 and a 12 month high of C$16.10. The stock has a market capitalization of C$367.27 million, a price-to-earnings ratio of 26.05 and a beta of 1.05. The company has a debt-to-equity ratio of 50.28, a current ratio of 2.54 and a quick ratio of 1.53.

Firan Technology Group (TSE:FTG) last posted its quarterly earnings data on Wednesday, October 8th. The company reported C$0.12 EPS for the quarter. Firan Technology Group had a net margin of 6.47% and a return on equity of 16.22%. The company had revenue of C$47.74 million for the quarter. As a group, equities analysts forecast that Firan Technology Group will post 0.4199717 earnings per share for the current year.

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.