TT Electronics (LON:TTG) Trading 1.3% Higher – Should You Buy?

TT Electronics plc (LON:TTG)’s stock price shot up 1.3% on Tuesday . The company traded as high as GBX 121.50 ($1.55) and last traded at GBX 120.50 ($1.54). 667,845 shares changed hands during trading, an increase of 11% from the average session volume of 602,474 shares. The stock had previously closed at GBX 119 ($1.52).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered shares of TT Electronics to a “hold” rating and decreased their price target for the stock from GBX 260 ($3.32) to GBX 100 ($1.28) in a research report on Tuesday, September 17th.

TT Electronics Trading Up 1.3 %

The company has a market cap of £213.63 million, a PE ratio of -1,721.43, a PEG ratio of 0.60 and a beta of 0.95. The company has a debt-to-equity ratio of 71.97, a quick ratio of 0.93 and a current ratio of 2.26. The company has a 50 day simple moving average of GBX 95.50 and a two-hundred day simple moving average of GBX 127.24.

TT Electronics Company Profile

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.