TT Electronics (OTCMKTS:TTGPF) Trading 18.8% Higher – Time to Buy?

TT Electronics PLC (OTCMKTS:TTGPFGet Free Report)’s share price traded up 18.8% during trading on Monday . The company traded as high as $1.58 and last traded at $1.58. 3,000 shares traded hands during mid-day trading, an increase of 475% from the average session volume of 522 shares. The stock had previously closed at $1.33.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised TT Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, TT Electronics currently has a consensus rating of “Strong Buy”.

View Our Latest Stock Report on TTGPF

TT Electronics Price Performance

The company has a current ratio of 1.71, a quick ratio of 0.97 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average is $1.49 and its 200 day moving average is $1.55.

TT Electronics Company Profile

(Get Free Report)

TT Electronics plc is a global provider of engineered electronics for performance-critical applications. The company develops and manufactures a range of sensors, precision resistors, magnetics and power modules, as well as connectors and cable assemblies. Its solutions support industries such as transportation, medical devices, industrial automation, defense and aerospace.

Operating from manufacturing and design centers across Europe, North America and Asia, TT Electronics serves a diverse international customer base.

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