Techtronic Industries Co. (OTCMKTS:TTNDY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $60.55, but opened at $63.23. Techtronic Industries shares last traded at $63.05, with a volume of 1,599 shares trading hands.
Analyst Upgrades and Downgrades
Separately, CLSA upgraded shares of Techtronic Industries to a "strong-buy" rating in a research note on Monday, June 23rd.
Get Our Latest Stock Analysis on TTNDY
Techtronic Industries Trading Up 0.3%
The company's 50 day moving average price is $57.33 and its 200 day moving average price is $59.25. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.74 and a current ratio of 1.57.
Techtronic Industries Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, July 7th. Shareholders 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 a positive change from Techtronic Industries's previous dividend of $0.67. This represents a yield of 237.0%.
Techtronic Industries Company Profile
(
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.
Further Reading
Before you consider Techtronic Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Techtronic Industries wasn't on the list.
While Techtronic Industries currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.