TT Electronics plc (LON:TTG - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 132.21 ($1.68) and traded as low as GBX 100.50 ($1.28). TT Electronics shares last traded at GBX 104 ($1.32), with a volume of 1,701,580 shares.
Analysts Set New Price Targets
Separately, Berenberg Bank lowered shares of TT Electronics to a "hold" rating and cut their target price for the stock from GBX 260 ($3.30) to GBX 100 ($1.27) in a research note on Tuesday, September 17th.
Get Our Latest Analysis on TTG
TT Electronics Price Performance
The stock has a market capitalization of £189.70 million, a P/E ratio of -1,528.57, a price-to-earnings-growth ratio of 0.60 and a beta of 0.95. The business's 50 day simple moving average is GBX 91.59 and its two-hundred day simple moving average is GBX 131.74. The company has a quick ratio of 0.93, a current ratio of 2.26 and a debt-to-equity ratio of 71.97.
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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