Techtronic Industries (OTCMKTS:TTNDY – Get Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.
Techtronic Industries Stock Performance
Shares of TTNDY opened at $75.38 on Wednesday. The company has a 50 day moving average price of $71.84 and a 200-day moving average price of $67.31. Techtronic Industries has a fifty-two week low of $53.20 and a fifty-two week high of $81.34. The company has a quick ratio of 0.79, a current ratio of 1.67 and a debt-to-equity ratio of 0.09.
About Techtronic Industries
Techtronic Industries Company Limited (TTI) is a Hong Kong‑based global manufacturer and marketer of tools and equipment for professional, industrial and consumer markets. The company develops and sells power tools, outdoor power equipment, hand tools, accessories and floorcare products. TTI’s product strategy emphasizes cordless and battery‑powered platforms, integrating advanced battery chemistry and brushless motor technology to serve trade professionals and DIY consumers seeking portable, high‑performance solutions.
TTI markets its products through a portfolio of well‑known brands and a broad distribution network that includes wholesalers, home improvement retailers, specialist dealerships and online channels.
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