TT Electronics (LON:TTG - Get Free Report) was downgraded by analysts at Royal Bank of Canada to a "sector perform" rating in a report released on Tuesday, MarketBeat.com reports. They presently have a GBX 85 ($1.13) price objective on the stock, down from their prior price objective of GBX 140 ($1.86). Royal Bank of Canada's target price would suggest a potential upside of 11.84% from the stock's current price.
TT Electronics Stock Performance
TTG stock traded down GBX 0.10 ($0.00) during trading on Tuesday, reaching GBX 76 ($1.01). The stock had a trading volume of 264,914 shares, compared to its average volume of 956,119. The firm has a market cap of £135.72 million, a PE ratio of -10.64, 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. The stock's 50 day moving average is GBX 82.25 and its two-hundred day moving average is GBX 91.45. TT Electronics has a 52 week low of GBX 61.90 ($0.82) and a 52 week high of GBX 184 ($2.45).
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 (EPS) 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 analysts anticipate that TT Electronics will post 16.7485822 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Warren Tucker bought 32,902 shares of TT Electronics stock in a transaction that occurred on Thursday, April 10th. The stock was bought at an average cost of GBX 76 ($1.01) per share, with a total value of £25,005.52 ($33,247.60). 9.06% of the stock is owned by insiders.
TT Electronics Company Profile
(
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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