Insider Buying: Filtronic Plc (LON:FTC) Insider Buys £9,514.89 in Stock

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Filtronic Plc (LON:FTC) insider Michael Tyerman acquired 105,721 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were purchased at an average cost of GBX 9 ($0.12) per share, for a total transaction of £9,514.89 ($12,516.30).

Shares of Filtronic stock opened at GBX 10.03 ($0.13) on Friday. The company has a current ratio of 1.52, a quick ratio of 0.59 and a debt-to-equity ratio of 39.51. The stock has a market capitalization of $21.31 million and a price-to-earnings ratio of -10.03. Filtronic Plc has a 1-year low of GBX 6.15 ($0.08) and a 1-year high of GBX 11.85 ($0.16). The firm’s 50-day moving average price is GBX 9.98 and its two-hundred day moving average price is GBX 8.53.

Separately, FinnCap reaffirmed a “corporate” rating on shares of Filtronic in a research note on Wednesday, February 5th.

Filtronic Company Profile

Filtronic plc designs and manufactures customized radio frequency, microwave, and millimeter wave components and subsystems in the United Kingdom, rest of Europe, the Americas, and internationally. The company operates in two segments, Filtronic Wireless and Filtronic Broadband. It offers E-band and V-band transceiver modules; GaN amplifiers, including point-to-point backhaul radio links and power amplifiers; microwave and millimeter-wave filters and diplexers; E-band power amplifiers; and ultra-high capacity data links.

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