TT Electronics (LON:TTG) Stock Passes Above 200 Day Moving Average of $155.25

TT Electronics plc (LON:TTG)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 155.25 ($1.99) and traded as high as GBX 157.50 ($2.02). TT Electronics shares last traded at GBX 157.50 ($2.02), with a volume of 230,803 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 165 ($2.11) price target on shares of TT Electronics in a research note on Friday, April 12th.

TT Electronics Price Performance

The company has a market capitalization of £278.98 million, a price-to-earnings ratio of -3,937.50, a price-to-earnings-growth ratio of 0.60 and a beta of 0.89. The company has a 50 day simple moving average of GBX 154.41 and a 200 day simple moving average of GBX 155.25. The company has a quick ratio of 0.93, a current ratio of 2.06 and a debt-to-equity ratio of 74.42.

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.