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Techtronic Industries (OTCMKTS:TTNDY) Upgraded at Zacks Research

Techtronic Industries logo with Industrials background
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Key Points

  • Zacks Research upgraded Techtronic Industries (OTCMKTS:TTNDY) from a "hold" to a strong-buy in a note to investors.
  • Shares rose about 2.2% to open at $73.62, trading near the 50‑day moving average ($72.94) and below the 12‑month high of $81.34, while the company shows a low debt‑to‑equity ratio of 0.09.
  • Techtronic is a Hong Kong‑based global maker of power tools, outdoor equipment and floorcare products that emphasizes cordless, battery‑powered platforms and sells through retailers, specialist dealers and online channels.
  • MarketBeat previews top five stocks to own in May.

Techtronic Industries (OTCMKTS:TTNDY - Get Free Report) was upgraded by equities researchers at Zacks Research from a "hold" rating to a "strong-buy" rating in a note issued to investors on Tuesday,Zacks.com reports.

Techtronic Industries Trading Up 2.2%

Shares of OTCMKTS:TTNDY opened at $73.62 on Tuesday. The company's 50 day moving average price is $72.94 and its two-hundred day moving average price is $65.39. Techtronic Industries has a 12-month low of $49.48 and a 12-month high of $81.34. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.79 and a current ratio of 1.67.

About Techtronic Industries

(Get Free Report)

Techtronic Industries Company Limited (TTI) is a Hong Kong‑based global manufacturer and marketer of tools and equipment for professional, industrial and consumer markets. The company develops and sells power tools, outdoor power equipment, hand tools, accessories and floorcare products. TTI's product strategy emphasizes cordless and battery‑powered platforms, integrating advanced battery chemistry and brushless motor technology to serve trade professionals and DIY consumers seeking portable, high‑performance solutions.

TTI markets its products through a portfolio of well‑known brands and a broad distribution network that includes wholesalers, home improvement retailers, specialist dealerships and online channels.

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