Techtronic Industries Co. (OTCMKTS:TTNDY - Get Free Report)'s share price shot up 1.2% during mid-day trading on Friday . The company traded as high as $56.55 and last traded at $56.27. 34,057 shares traded hands during trading, a decline of 27% from the average session volume of 46,453 shares. The stock had previously closed at $55.61.
Analyst Upgrades and Downgrades
Separately, CLSA upgraded shares of Techtronic Industries to a "strong-buy" rating in a research report on Monday, June 23rd.
Check Out Our Latest Stock Report on TTNDY
Techtronic Industries Stock Up 1.2%
The stock's 50 day simple moving average is $56.23 and its two-hundred day simple moving average is $60.15. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.57 and a quick ratio of 0.74.
Techtronic Industries Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, July 7th. Stockholders of record on Monday, May 19th will be given a dividend of $0.7402 per share. This represents a dividend yield of 2.37%. This is a positive change from Techtronic Industries's previous dividend of $0.67. The ex-dividend date of this dividend is Friday, May 16th.
Techtronic Industries Company Profile
(
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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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