TT Electronics (LON:TTG) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of TT Electronics plc (LON:TTGGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 113.60 ($1.41) and traded as low as GBX 87 ($1.08). TT Electronics shares last traded at GBX 91 ($1.13), with a volume of 484,189 shares changing hands.

TT Electronics Price Performance

The company has a market capitalization of £161.33 million, a price-to-earnings ratio of -1,300.00, a P/E/G ratio of 0.60 and a beta of 0.95. The stock has a fifty day simple moving average of GBX 103.14 and a 200-day simple moving average of GBX 113.33. The company has a debt-to-equity ratio of 71.97, a current ratio of 2.26 and a quick ratio of 0.93.

About TT Electronics

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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.

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