Techtronic Industries Co. (OTCMKTS:TTNDY – Get Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 12,769 shares, a drop of 51.6% from the July 15th total of 26,389 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 95,587 shares, the days-to-cover ratio is currently 0.1 days.
Techtronic Industries Stock Down 1.1%
Shares of TTNDY stock traded down $1.04 during trading on Monday, reaching $89.69. The company had a trading volume of 85,951 shares, compared to its average volume of 59,899. The firm’s 50 day simple moving average is $82.40 and its two-hundred day simple moving average is $76.46. Techtronic Industries has a one year low of $53.51 and a one year high of $94.60. The company has a quick ratio of 0.79, a current ratio of 1.67 and a debt-to-equity ratio of 0.09.
Wall Street Analyst Weigh In
Separately, Zacks Research cut shares of Techtronic Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
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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