19:50:11 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Firan Technology Group Corp
Symbol FTG
Shares Issued 17,803,201
Close 2015-03-04 C$ 1.62
Market Cap C$ 28,841,186
Recent Sedar Documents

Inv Reporter refreshes Firan Technology buy

2015-03-04 21:28 ET - In the News

The Investment Reporter, in its Feb. 20, 2015, issue, refreshes its buy of Firan Technology Group Corp., recently $1.60. The Reporter said buy three times from Sept. 23, 2011, to Sept. 26, 2014, at prices ranging from 43 cents to 65 cents. Assuming an investment of $1,000 for each of the three buys, the $3,000 position would now be worth a pleasing $9,142, more than a double since the Reporter's last recommendation in September, 2014. The Reporter notes, when the market outlook improves, it is usually the riskiest stocks that rise the most. Despite the increase in Firan's share prices, the stock remains a buy. The company is expected to earn 20 cents a share in 2015, up sharply from 11 cents a share last year. Based on the 2015 earnings estimate, the shares trade at an attractively low forward price-to-earnings ratio of eight. Also, the company has a low net-debt-to-cash-flow ratio of 1.2, which is within the newsletter's comfort zone of two times or less. Firan is a buy, but only if you need no dividends and can accept a speculative stock.

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