Techtronic Industries Co. (OTCMKTS:TTNDY - Get Free Report) 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 traded.
Analysts Set New Price Targets
Separately, CLSA raised shares of 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 Performance
The company has a debt-to-equity ratio of 0.23, a current ratio of 1.57 and a quick ratio of 0.74. The company's fifty day simple moving average is $57.12 and its 200 day simple moving average is $59.25.
Techtronic Industries Increases Dividend
The business also recently announced a dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, May 19th were issued a $0.7402 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a dividend yield of 2.37%. This is a boost from Techtronic Industries's previous dividend of $0.67.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
