TT Electronics plc (LON:TTG - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 118.95 ($1.45) and traded as low as GBX 89.60 ($1.09). TT Electronics shares last traded at GBX 89.60 ($1.09), with a volume of 364,139 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank lowered shares of TT Electronics to a "hold" rating and cut their target price for the stock from GBX 260 ($3.17) to GBX 100 ($1.22) in a report on Tuesday, September 17th.
View Our Latest Stock Analysis on TTG
TT Electronics Stock Performance
The company has a debt-to-equity ratio of 71.97, a current ratio of 2.26 and a quick ratio of 0.93. The stock has a 50-day moving average price of GBX 102.71 and a 200 day moving average price of GBX 118.56. The company has a market cap of £159.92 million, a price-to-earnings ratio of -1,288.57, a price-to-earnings-growth ratio of 0.60 and a beta of 0.95.
About TT Electronics
(
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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.
Further Reading
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