TT Electronics plc (LON:TTG - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 76.40 ($0.99) and last traded at GBX 76.60 ($1.00), with a volume of 572622 shares changing hands. The stock had previously closed at GBX 77.80 ($1.01).
Analysts Set New Price Targets
Separately, Berenberg Bank cut TT Electronics to a "hold" rating and reduced their target price for the stock from GBX 260 ($3.38) to GBX 100 ($1.30) in a report on Tuesday, September 17th.
Read Our Latest Stock Analysis on TTG
TT Electronics Price Performance
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 firm's 50-day moving average price is GBX 107.18 and its 200-day moving average price is GBX 138.70. The stock has a market capitalization of £135.80 million, a PE ratio of -1,114.29, a PEG ratio of 0.60 and a beta of 0.95.
TT Electronics Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Thursday, September 12th were issued a GBX 2.25 ($0.03) dividend. This represents a dividend yield of 1.62%. The ex-dividend date of this dividend was Thursday, September 12th. TT Electronics's dividend payout ratio (DPR) is -10,000.00%.
About TT Electronics
(
Get Free Report)
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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