TT Electronics PLC (OTCMKTS:TTGPF) Short Interest Update

TT Electronics PLC (OTCMKTS:TTGPF) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 300 shares, a decrease of 72.4% from the August 31st total of 1,085 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 570 shares, the short-interest ratio is presently 0.5 days.

TT Electronics Price Performance

TTGPF stock opened at $2.44 on Friday. The company has a current ratio of 1.71, a quick ratio of 0.97 and a debt-to-equity ratio of 0.68. The company’s 50 day simple moving average is $1.87 and its 200-day simple moving average is $1.65. TT Electronics has a 12 month low of $1.28 and a 12 month high of $2.44.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of TT Electronics in a research note on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

TT Electronics Company Profile

TT Electronics plc is a United Kingdom-based global technology and manufacturing company that designs and produces engineered electronics for original equipment manufacturers. Its products and capabilities include sensors, power-management systems, electronic assemblies, connectivity solutions and other specialized components used in demanding operating environments.

The company serves customers in markets including aerospace and defense, healthcare, industrial automation, transportation and electrification.