TT Electronics (LON:TTG) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

TT Electronics plc (LON:TTG)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 117.56 and traded as low as GBX 113. TT Electronics shares last traded at GBX 113, with a volume of 370,968 shares changing hands.

TT Electronics Price Performance

The company has a current ratio of 1.90, a quick ratio of 0.93 and a debt-to-equity ratio of 81.11. The stock has a market cap of £196.58 million, a PE ratio of -2.94, a PEG ratio of 0.60 and a beta of 0.95. The business has a 50-day moving average price of GBX 117.98 and a 200 day moving average price of GBX 117.62.

Insider Activity

In related news, insider Warren Tucker sold 44,532 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of GBX 111, for a total transaction of £49,430.52. 8.76% of the stock is currently owned by corporate insiders.

About TT Electronics

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. TT invests in R&D to create designed-in products where reliability is mission critical. Products designed and manufactured include sensors, power management and connectivity solutions.