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Techtronic Industries (OTCMKTS:TTNDY) Sees Strong Trading Volume - Should You Buy?

Techtronic Industries logo with Industrials background

Techtronic Industries Co. (OTCMKTS:TTNDY - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 211,716 shares were traded during trading, an increase of 163% from the previous session's volume of 80,437 shares.The stock last traded at $58.12 and had previously closed at $57.62.

Analysts Set New Price Targets

Separately, CLSA raised Techtronic Industries to a "strong-buy" rating in a report on Monday, June 23rd.

Check Out Our Latest Report on Techtronic Industries

Techtronic Industries Stock Up 1.3%

The business has a fifty day simple moving average of $56.88 and a 200-day simple moving average of $59.57. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.57 and a quick ratio of 0.74.

Techtronic Industries Increases Dividend

The company also recently announced a dividend, which was paid on Monday, July 7th. Shareholders of record on Monday, May 19th were issued a $0.7402 dividend. This represents a yield of 2.37%. The ex-dividend date was Friday, May 16th. This is a boost from Techtronic Industries's previous dividend of $0.67.

About Techtronic Industries

(Get Free Report)

Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally. The company operates through Power Equipment, and Floorcare & Cleaning Segments. It offers power tools, power tool accessories, outdoor products, and outdoor product accessories under the MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART brands, as well as to original equipment manufacturer (OEM) customers.

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