Techtronic Industries (OTCMKTS:TTNDY) Sees Large Volume Increase – Here’s Why

Techtronic Industries Co. (OTCMKTS:TTNDY) shares saw an uptick in trading volume on Friday . 63,958 shares traded hands during mid-day trading, a decline of 2% from the previous session’s volume of 65,383 shares.The stock last traded at $61.3125 and had previously closed at $61.09.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Techtronic Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Techtronic Industries Stock Performance

The business has a 50 day simple moving average of $59.51 and a 200-day simple moving average of $59.79.

About Techtronic Industries

Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally. The company operates through Power Equipment, and Floorcare & Cleaning Segments. It offers power tools, power tool accessories, outdoor products, and outdoor product accessories under the MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART brands, as well as to original equipment manufacturer (OEM) customers.