Shares of Techtronic Industries Co. (OTCMKTS:TTNDY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 211,716 shares were traded during mid-day 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.
Wall Street Analysts Forecast Growth
Separately, CLSA upgraded Techtronic Industries to a "strong-buy" rating in a research report on Monday, June 23rd.
Check Out Our Latest Report on TTNDY
Techtronic Industries Stock Down 0.6%
The company has a current ratio of 1.57, a quick ratio of 0.74 and a debt-to-equity ratio of 0.23. The firm has a fifty day moving average price of $57.02 and a two-hundred day moving average price of $59.40.
Techtronic Industries Increases Dividend
The business also recently declared a dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, May 19th were issued a dividend of $0.7402 per share. The ex-dividend date was Friday, May 16th. This is an increase from Techtronic Industries's previous dividend of $0.67. This represents a dividend yield of 2.37%.
About Techtronic Industries
(
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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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