TTM Technologies Inc. (NASDAQ:TTMI) shares dropped 3.4% during trading on Friday . The stock traded as low as $10.16 and last traded at $10.19, with a volume of 976,384 shares traded. The stock had previously closed at $10.55.

TTMI has been the subject of several recent research reports. Zacks Investment Research lowered TTM Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, April 27th. Stifel Nicolaus reissued a “buy” rating on shares of TTM Technologies in a research note on Saturday, May 14th. Needham & Company LLC reissued a “buy” rating and issued a $10.00 price objective on shares of TTM Technologies in a research note on Wednesday, May 18th. Finally, JPMorgan Chase & Co. raised their price objective on shares of TTM Technologies from $10.50 to $11.00 and gave the stock an “overweight” rating in a research note on Friday, June 10th. One research analyst has rated the stock with a sell rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $10.70.

The stock has a 50 day moving average of $9.06 and a 200 day moving average of $7.40. The stock has a market capitalization of $1.02 billion and a price-to-earnings ratio of 56.70.

TTM Technologies (NASDAQ:TTMI) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.10. The company had revenue of $601.80 million for the quarter, compared to analyst estimates of $601.48 million. During the same quarter last year, the company earned $0.17 EPS. The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. On average, analysts forecast that TTM Technologies Inc. will post $1.08 EPS for the current year.

In other TTM Technologies news, insider Anthony J. Princiotta sold 24,924 shares of the stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $10.58, for a total value of $263,695.92. Following the completion of the sale, the insider now owns 32,485 shares in the company, valued at approximately $343,691.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Daniel J. Weber sold 10,222 shares of the stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $10.43, for a total transaction of $106,615.46. Following the completion of the sale, the senior vice president now owns 60,530 shares of the company’s stock, valued at approximately $631,327.90. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in TTM Technologies stock. Bank of Montreal Can raised its position in shares of TTM Technologies Inc. (NASDAQ:TTMI) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 166,946 shares of the company’s stock after buying an additional 924 shares during the period. Bank of Montreal Can owned approximately 0.17% of TTM Technologies worth $1,087,000 at the end of the most recent quarter.

TTM Technologies, Inc is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). The Company operates approximately 30 specialized facilities in the United States, the People’s Republic of China (China), Canada and Mexico.

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