Advertisement
Canada markets open in 6 hours 33 minutes
  • S&P/TSX

    21,708.44
    +52.39 (+0.24%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CAD/USD

    0.7266
    +0.0002 (+0.03%)
     
  • CRUDE OIL

    83.89
    +1.16 (+1.40%)
     
  • Bitcoin CAD

    89,116.45
    +5,045.25 (+6.00%)
     
  • CMC Crypto 200

    1,303.50
    -9.12 (-0.70%)
     
  • GOLD FUTURES

    2,397.60
    -0.40 (-0.02%)
     
  • RUSSELL 2000

    1,942.96
    -4.99 (-0.26%)
     
  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     
  • NASDAQ futures

    17,432.75
    -114.50 (-0.65%)
     
  • VOLATILITY

    18.00
    -0.21 (-1.15%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6821
    0.0000 (0.00%)
     

Shareholders Are Thrilled That The Firan Technology Group (TSE:FTG) Share Price Increased 209%

When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really flourishing, you can make more than 100%. One great example is Firan Technology Group Corporation (TSE:FTG) which saw its share price drive 209% higher over five years. It's down 1.0% in the last seven days.

See our latest analysis for Firan Technology Group

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

ADVERTISEMENT

Over half a decade, Firan Technology Group managed to grow its earnings per share at 34% a year. This EPS growth is higher than the 25% average annual increase in the share price. Therefore, it seems the market has become relatively pessimistic about the company.

You can see below how EPS has changed over time (discover the exact values by clicking on the image).

TSX:FTG Past and Future Earnings, January 29th 2020
TSX:FTG Past and Future Earnings, January 29th 2020

It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. Dive deeper into the earnings by checking this interactive graph of Firan Technology Group's earnings, revenue and cash flow.

A Different Perspective

It's good to see that Firan Technology Group has rewarded shareholders with a total shareholder return of 77% in the last twelve months. Since the one-year TSR is better than the five-year TSR (the latter coming in at 25% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Take risks, for example - Firan Technology Group has 2 warning signs we think you should be aware of.

Firan Technology Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.