TT Electronics plc (LON:TTG - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 89.52 ($1.19) and traded as low as GBX 79.60 ($1.06). TT Electronics shares last traded at GBX 79.60 ($1.06), with a volume of 260,570 shares traded.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada lowered shares of TT Electronics to a "sector perform" rating and lowered their price objective for the company from GBX 140 ($1.86) to GBX 85 ($1.13) in a research note on Tuesday, April 15th.
Read Our Latest Stock Report on TTG
TT Electronics Stock Performance
The company has a fifty day moving average price of GBX 79.73 and a two-hundred day moving average price of GBX 89.52. The firm has a market cap of £142.15 million, a price-to-earnings ratio of -11.15, a price-to-earnings-growth ratio of 0.60 and a beta of 0.95. The company has a debt-to-equity ratio of 71.97, a current ratio of 2.26 and a quick ratio of 0.93.
TT Electronics (LON:TTG - Get Free Report) last posted its quarterly earnings data on Thursday, April 10th. The company reported GBX 11 ($0.15) earnings per share for the quarter. TT Electronics had a negative net margin of 2.19% and a negative return on equity of 4.73%. As a group, equities research analysts expect that TT Electronics plc will post 16.7485822 EPS for the current year.
Insider Buying and Selling at TT Electronics
In related news, insider Warren Tucker acquired 32,902 shares of the business's stock in a transaction on Thursday, April 10th. The shares were purchased at an average price of GBX 76 ($1.01) per share, for a total transaction of £25,005.52 ($33,265.29). 9.06% of the stock is owned by corporate insiders.
About TT Electronics
(
Get Free Report)
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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