TT Electronics PLC (OTCMKTS:TTGPF) Short Interest Update

TT Electronics PLC (OTCMKTS:TTGPF) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 200 shares, a decrease of 98.4% from the April 15th total of 12,164 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 275 shares, the days-to-cover ratio is currently 0.7 days.

TT Electronics Price Performance

TTGPF remained flat at $1.59 during trading on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.97 and a current ratio of 1.71. TT Electronics has a fifty-two week low of $1.15 and a fifty-two week high of $2.05. The business has a 50 day moving average of $1.58 and a 200-day moving average of $1.61.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised shares of TT Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

About TT Electronics

TT Electronics plc is a global provider of engineered electronics for performance-critical applications. The company develops and manufactures a range of sensors, precision resistors, magnetics and power modules, as well as connectors and cable assemblies. Its solutions support industries such as transportation, medical devices, industrial automation, defense and aerospace.

Operating from manufacturing and design centers across Europe, North America and Asia, TT Electronics serves a diverse international customer base.