TT Electronics PLC (OTCMKTS:TTGPF) Short Interest Update

TT Electronics PLC (OTCMKTS:TTGPF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,085 shares, an increase of 442.5% from the August 15th total of 200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of TT Electronics in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, TT Electronics presently has a consensus rating of “Buy”.

TT Electronics Stock Performance

TTGPF stock opened at $2.17 on Friday. The business’s fifty day moving average price is $1.73 and its 200 day moving average price is $1.60. TT Electronics has a 12-month low of $1.28 and a 12-month high of $2.17. The company has a current ratio of 1.71, a quick ratio of 0.97 and a debt-to-equity ratio of 0.68.

TT Electronics Company Profile

TT Electronics plc is a global provider of engineered electronics for performance-critical applications. The company develops and manufactures a range of sensors, precision resistors, magnetics and power modules, as well as connectors and cable assemblies. Its solutions support industries such as transportation, medical devices, industrial automation, defense and aerospace.

Operating from manufacturing and design centers across Europe, North America and Asia, TT Electronics serves a diverse international customer base.