Firan Technology Group (TSE:FTG) Given New C$20.00 Price Target at Raymond James Financial

Firan Technology Group (TSE:FTG) had its price target boosted by investment analysts at Raymond James Financial from C$17.50 to C$20.00 in a report issued on Friday,BayStreet.CA reports. The brokerage currently has a “peer perform” rating on the stock. Raymond James Financial’s price target indicates a potential upside of 6.67% from the company’s current price.

Firan Technology Group Stock Performance

FTG traded up C$1.09 during midday trading on Friday, reaching C$18.75. The company had a trading volume of 305,811 shares, compared to its average volume of 111,051. The business has a 50-day moving average of C$13.62 and a two-hundred day moving average of C$12.17. The company has a quick ratio of 1.53, a current ratio of 2.54 and a debt-to-equity ratio of 50.28. Firan Technology Group has a 1 year low of C$6.66 and a 1 year high of C$18.82. The company has a market cap of C$471.99 million, a P/E ratio of 33.48 and a beta of 1.26.

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.