TT Electronics (OTCMKTS:TTGPF) Shares Down 20% – Here’s Why

TT Electronics plc (OTCMKTS:TTGPFGet Free Report) shares fell 20% during mid-day trading on Friday . The company traded as low as $1.08 and last traded at $1.08. 7,000 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 6,703 shares. The stock had previously closed at $1.35.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded shares of TT Electronics to a “moderate buy” rating in a research report on Tuesday, September 17th.

Check Out Our Latest Stock Analysis on TTGPF

TT Electronics Stock Performance

The firm has a 50-day moving average price of $1.23 and a 200-day moving average price of $1.48.

About TT Electronics

(Get Free Report)

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.

Further Reading

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