Filtronic (FTC) Shares Down 7.5%

Share on StockTwits

Filtronic Plc (LON:FTC)’s share price was down 7.5% on Monday . The company traded as low as GBX 7.42 ($0.10) and last traded at GBX 7.45 ($0.10). Approximately 1,376,116 shares changed hands during trading, an increase of 453% from the average daily volume of 248,762 shares. The stock had previously closed at GBX 8.05 ($0.11).

Separately, FinnCap assumed coverage on shares of Filtronic in a research report on Thursday, January 31st. They set a “corporate” rating and a GBX 10.50 ($0.14) price objective for the company.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Zolmax and is owned by of Zolmax. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://zolmax.com/investing/filtronic-ftc-shares-down-7-5/2891783.html.

Filtronic Company Profile (LON:FTC)

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.

Further Reading: What is systematic risk?

Receive News & Ratings for Filtronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Filtronic and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Valmark Advisers Inc. Has $1.23 Million Stake in First Trust Low Duration Opportunities ETF
Valmark Advisers Inc. Has $1.23 Million Stake in First Trust Low Duration Opportunities ETF
Oaktree Specialty Lending Corp  Receives $5.81 Consensus Price Target from Analysts
Oaktree Specialty Lending Corp Receives $5.81 Consensus Price Target from Analysts
SkyWest, Inc.  Receives $65.86 Average PT from Brokerages
SkyWest, Inc. Receives $65.86 Average PT from Brokerages
Insider Selling: Community Financial Corp  Director Sells 1,100 Shares of Stock
Insider Selling: Community Financial Corp Director Sells 1,100 Shares of Stock
$51.60 Million in Sales Expected for Hanmi Financial Corp  This Quarter
$51.60 Million in Sales Expected for Hanmi Financial Corp This Quarter
Comtech Telecomm. Corp.  Expected to Post Quarterly Sales of $159.83 Million
Comtech Telecomm. Corp. Expected to Post Quarterly Sales of $159.83 Million


Leave a Reply

 
© 2006-2019 Zolmax.