Shares of TT Electronics plc (LON:TTG - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 125.17 ($1.57) and traded as low as GBX 101.50 ($1.28). TT Electronics shares last traded at GBX 103.50 ($1.30), with a volume of 3,119,690 shares traded.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank lowered shares of TT Electronics to a "hold" rating and decreased their price target for the company from GBX 260 ($3.27) to GBX 100 ($1.26) in a research note on Tuesday, September 17th.
View Our Latest Report on TT Electronics
TT Electronics Stock Performance
The company has a market cap of £188.81 million, a price-to-earnings ratio of -1,521.43, a PEG ratio of 0.60 and a beta of 0.95. The firm's 50 day simple moving average is GBX 97 and its 200-day simple moving average is GBX 125.01. The company has a debt-to-equity ratio of 71.97, a quick ratio of 0.93 and a current ratio of 2.26.
About TT Electronics
(
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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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