Techtronic Industries (OTCMKTS:TTNDY) Sees Strong Trading Volume – Still a Buy?

Techtronic Industries Co. (OTCMKTS:TTNDYGet Free Report) saw strong trading volume on Thursday . 62,492 shares traded hands during mid-day trading, an increase of 7% from the previous session’s volume of 58,155 shares.The stock last traded at $81.3950 and had previously closed at $83.30.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Techtronic Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Read Our Latest Stock Analysis on TTNDY

Techtronic Industries Stock Performance

The company’s 50-day moving average price is $85.58 and its 200-day moving average price is $78.30. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.79 and a current ratio of 1.67.

About Techtronic Industries

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Techtronic Industries Co Ltd. is a Hong Kong-based manufacturer of power tools, outdoor power equipment, and floor-care products. The company develops and sells cordless and corded tools, accessories, gardening equipment, and cleaning appliances for professional tradespeople, industrial users, and consumers.

Its principal brands include Milwaukee, known for professional power tools and jobsite equipment; RYOBI, which serves consumer and do-it-yourself markets; and AEG, which offers power tools and outdoor equipment.

Further Reading

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