TT Electronics (OTCMKTS:TTGPF) Trading Down 3.6% - Should You Sell?

TT Electronics PLC (OTCMKTS:TTGPF - Get Free Report) shares traded down 3.6% during mid-day trading on Wednesday . The stock traded as low as $1.35 and last traded at $1.35. 2,500 shares were traded during mid-day trading, an increase of 378% from the average session volume of 523 shares. The stock had previously closed at $1.40.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TTGPF. Royal Bank Of Canada downgraded TT Electronics from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, April 15th. Barclays downgraded TT Electronics from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 24th.

TT Electronics Stock Down 3.6%

The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.12 and a current ratio of 2.03. The business has a 50 day moving average of $1.33 and a 200 day moving average of $1.13.

TT Electronics Company Profile

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.