TT Electronics (OTCMKTS:TTGPF) Shares Down 20% – Here’s What Happened

TT Electronics plc (OTCMKTS:TTGPFGet Free Report) shares dropped 20% during trading on Friday . The company traded as low as $1.08 and last traded at $1.08. Approximately 7,000 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 6,703 shares. The stock had previously closed at $1.35.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised TT Electronics to a “moderate buy” rating in a research note on Tuesday, September 17th.

Read Our Latest Research Report on TTGPF

TT Electronics Trading Down 20.0 %

The business has a 50-day moving average of $1.23 and a 200-day moving average of $1.48.

TT Electronics Company Profile

(Get Free Report)

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.

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