Shares of Techtronic Industries Co. (OTCMKTS:TTNDY - Get Free Report) rose 1.2% during trading on Friday . The company traded as high as $56.55 and last traded at $56.27. Approximately 34,057 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 46,453 shares. The stock had previously closed at $55.61.
Wall Street Analyst Weigh In
Separately, CLSA raised Techtronic Industries to a "strong-buy" rating in a research report on Monday, June 23rd.
Get Our Latest Stock Report on Techtronic Industries
Techtronic Industries Stock Performance
The company has a debt-to-equity ratio of 0.12, a current ratio of 1.57 and a quick ratio of 0.74. The business has a fifty day simple moving average of $56.41 and a two-hundred day simple moving average of $59.94.
Techtronic Industries Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, July 7th. Investors of record on Monday, May 19th were issued a $0.7402 dividend. This is an increase from Techtronic Industries's previous dividend of $0.67. The ex-dividend date was Friday, May 16th. This represents a dividend yield of 2.37%.
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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