Firan Technology Group (TSE:FTG) Rating Increased to Moderate Buy at Raymond James

Raymond James upgraded shares of Firan Technology Group (TSE:FTG) to a moderate buy rating in a report issued on Tuesday morning,Zacks.com reports.

Firan Technology Group Stock Performance

Firan Technology Group stock opened at C$7.20 on Tuesday. The stock has a market capitalization of C$181.46 million, a price-to-earnings ratio of 16.88 and a beta of 1.45. Firan Technology Group has a 12-month low of C$4.90 and a 12-month high of C$8.92. The company has a quick ratio of 1.53, a current ratio of 2.54 and a debt-to-equity ratio of 50.28. The stock has a 50-day simple moving average of C$7.59 and a 200 day simple moving average of C$7.33.

Insider Activity at Firan Technology Group

In other Firan Technology Group news, Director Mike Andrade purchased 4,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average price of C$7.58 per share, for a total transaction of C$30,320.00. Also, Senior Officer James Crichton sold 10,400 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of C$8.08, for a total value of C$84,032.00. 32.64% of the stock is owned by insiders.

About Firan Technology Group

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.