TT Electronics (LON:TTG) Trading Down 17.4% - Time to Sell?

TT Electronics plc (LON:TTG - Get Free Report) traded down 17.4% on Thursday . The company traded as low as GBX 61.90 ($0.82) and last traded at GBX 68.72 ($0.91). 2,366,831 shares changed hands during trading, an increase of 186% from the average session volume of 828,699 shares. The stock had previously closed at GBX 83.20 ($1.10).

TT Electronics Stock Performance

The company has a market cap of £138.58 million, a P/E ratio of -10.87, a P/E/G ratio of 0.60 and a beta of 0.95. The business has a 50-day moving average of GBX 82.85 and a two-hundred day moving average of GBX 91.78. 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 earnings results 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%. On average, sell-side analysts predict that TT Electronics plc will post 16.7485822 EPS for the current fiscal year.

Insider Activity at TT Electronics

In related news, insider Warren Tucker acquired 32,902 shares of TT Electronics stock in a transaction dated Thursday, April 10th. The shares were acquired at an average cost of GBX 76 ($1.00) per share, for a total transaction of £25,005.52 ($32,971.41). 9.06% of the stock is owned by insiders.

TT Electronics Company Profile

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.