Filtronic plc (LON:FTC) Insider Purchases £3,520 in Stock

Filtronic plc (LON:FTC) insider Michael Tyerman purchased 5,500 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The stock was purchased at an average cost of GBX 64 ($0.86) per share, for a total transaction of £3,520 ($4,708.40).

Michael Tyerman also recently made the following trade(s):

• On Monday, September 2nd, Michael Tyerman sold 15,625 shares of Filtronic stock. The shares were sold at an average price of GBX 79 ($1.06), for a total value of £12,343.75 ($16,511.17).

Filtronic Price Performance

Shares of LON FTC opened at GBX 63.50 ($0.85) on Friday. The stock’s 50-day simple moving average is GBX 71.52 and its two-hundred day simple moving average is GBX 61.84. Filtronic plc has a twelve month low of GBX 14 ($0.19) and a twelve month high of GBX 82 ($1.10). The firm has a market capitalization of £138.99 million, a P/E ratio of 6,350.00 and a beta of 0.87. The company has a quick ratio of 2.13, a current ratio of 2.08 and a debt-to-equity ratio of 20.36.

About Filtronic

Filtronic plc designs, develops, manufactures, and sells advanced radio frequency (RF) communications equipment for telecommunications infrastructure, aerospace and defense, critical communications, and space markets. It provides Morpheus II, an E-band transceiver module; Hades, an E-band active diplexer; Cerus, an E-brand power amplifier for long range E-band communications; tower top amplifiers; Orpheus, an ultra-high-capacity turn-key solution for backhaul, fronthaul, and mid haul; switched filter banks; GaN amplifiers; custom filters products, including metal cavity, ceramic, combline, interdigital, lumped element, suspended substrate, waveguide, and thin-film filters; and custom combiner products.