Shares of TT Electronics plc (LON:TTG - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 90.67 ($1.23) and traded as low as GBX 90.60 ($1.23). TT Electronics shares last traded at GBX 95 ($1.29), with a volume of 1,941,578 shares trading hands.
Analysts Set New Price Targets
Separately, Royal Bank of Canada downgraded shares of TT Electronics to a "sector perform" rating and cut their target price for the company from GBX 140 ($1.90) to GBX 85 ($1.15) in a research note on Tuesday, April 15th.
View Our Latest Analysis on TT Electronics
TT Electronics Stock Performance
The business has a 50 day moving average of GBX 82.15 and a two-hundred day moving average of GBX 90.70. The firm has a market cap of £169.65 million, a P/E ratio of -13.30, a PEG ratio of 0.60 and a beta of 0.95. The company has a current ratio of 2.26, a quick ratio of 0.93 and a debt-to-equity ratio of 71.97.
TT Electronics (LON:TTG - Get Free Report) last posted its earnings results on Thursday, April 10th. The company reported GBX 11 ($0.15) EPS for the quarter. TT Electronics had a negative return on equity of 4.73% and a negative net margin of 2.19%. Analysts predict that TT Electronics plc will post 16.7485822 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Warren Tucker acquired 32,902 shares of TT Electronics stock in a transaction on Thursday, April 10th. The shares were purchased at an average cost of GBX 76 ($1.03) per share, for a total transaction of £25,005.52 ($33,956.44). 9.06% of the stock is currently owned by company insiders.
TT Electronics Company Profile
(
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TT Electronics is a global provider of engineered electronics for performance critical applications.
TT engineers and manufactures electronic solutions enabling a safer, healthier and more sustainable world. TT benefits from enduring megatrends in structurally high-growth markets including healthcare, aerospace, defence, automation and electrification.
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