TT Electronics plc (OTCMKTS:TTGPF - Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 1,900 shares, a drop of 86.4% from the September 30th total of 14,000 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is currently 0.8 days.
TT Electronics Price Performance
OTCMKTS:TTGPF remained flat at $1.10 during midday trading on Friday. TT Electronics has a fifty-two week low of $1.10 and a fifty-two week high of $2.22. The business's 50 day moving average price is $1.51 and its 200 day moving average price is $1.66.
Analyst Ratings Changes
Several research firms have recently weighed in on TTGPF. Royal Bank of Canada raised shares of TT Electronics to a "moderate buy" rating in a report on Tuesday, September 17th. Barclays raised TT Electronics to a "strong-buy" rating in a report on Friday, August 9th.
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TT Electronics Company Profile
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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.
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