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Firan Tech ( (TSE:FTG) ) has shared an update.
Firan Technology Group has achieved a significant milestone by obtaining the European Aviation Safety Agency (EASA) certification for its AFIRS Edge+™ product on the Airbus A319/320/321 family of aircraft. This certification allows for the global deployment of the industry’s first 5G Wireless Quick Access Recorder (WQAR), replacing outdated 2G and 3G systems with a more advanced 5G platform. This development not only enhances real-time data capabilities for airlines but also positions FTG for broader market access and regulatory compliance expansion, thereby strengthening its market position and operational efficiency.
The most recent analyst rating on (TSE:FTG) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Firan Tech stock, see the TSE:FTG Stock Forecast page.
Spark’s Take on TSE:FTG Stock
According to Spark, TipRanks’ AI Analyst, TSE:FTG is a Outperform.
Firan Tech’s overall score is driven by strong financial performance and bullish technical indicators. The earnings call further boosts confidence with its strategic expansions and record growth. Although the valuation is slightly high, the company’s robust growth prospects justify investor interest.
To see Spark’s full report on TSE:FTG stock, click here.
More about Firan Tech
Firan Technology Group Corporation (FTG) is a global supplier of aerospace and defense electronics products and subsystems. It operates through two units: FTG Circuits, which manufactures high technology, high reliability printed circuit boards for aviation, defense, and high technology industries, and FTG Aerospace, which designs, certifies, manufactures, and supports illuminated cockpit products and electronic assemblies for aerospace and defense equipment. The company has operations in North America and a joint venture in China.
Average Trading Volume: 52,661
Technical Sentiment Signal: Buy
Current Market Cap: C$281.3M
Learn more about FTG stock on TipRanks’ Stock Analysis page.