TT Electronics (LON:TTG) Stock Price Down 20.2% – Should You Sell?

by · The Markets Daily

TT Electronics plc (LON:TTG – Get Free Report) shares were down 20.2% on Monday . The stock traded as low as GBX 101.60 and last traded at GBX 106.40. Approximately 6,424,903 shares were traded during trading, an increase of 600% from the average daily volume of 918,000 shares. The stock had previously closed at GBX 133.40.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group boosted their price target on shares of TT Electronics from GBX 98 to GBX 105 and gave the company a “hold” rating in a research report on Wednesday, September 24th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, TT Electronics currently has a consensus rating of “Hold” and a consensus price target of GBX 96.

Get Our Latest Stock Analysis on TT Electronics

TT Electronics Stock Performance

The business has a fifty day moving average of GBX 124.35 and a 200-day moving average of GBX 110.07. The company has a market cap of £189.05 million, a PE ratio of -2.83, a P/E/G ratio of 0.60 and a beta of 0.95. The company has a current ratio of 2.26, a quick ratio of 0.93 and a debt-to-equity ratio of 71.97.

TT Electronics (LON:TTG – Get Free Report) last issued its quarterly earnings data on Wednesday, September 24th. The company reported GBX 1.90 earnings per share (EPS) for the quarter. TT Electronics had a negative net margin of 2.19% and a negative return on equity of 4.73%. Equities research analysts anticipate that TT Electronics plc will post 16.7485822 earnings per share for the current fiscal year.

TT Electronics Company Profile

(Get Free Report)

TT Electronics is a global provider of engineered electronics for performance critical applications.
TT engineers and manufactures electronic solutions enabling a safer, healthier and more sustainable world. TT benefits from enduring megatrends in structurally high-growth markets including healthcare, aerospace, defence, automation and electrification.

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