Techtronic Industries (OTCMKTS:TTNDY) Downgraded by Zacks Research to Hold

Zacks Research cut shares of Techtronic Industries (OTCMKTS:TTNDYFree Report) from a strong-buy rating to a hold rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

Techtronic Industries Price Performance

OTCMKTS:TTNDY opened at $75.38 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.67 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average price of $71.84 and a 200-day moving average price of $67.31. Techtronic Industries has a 1-year low of $53.20 and a 1-year high of $81.34.

Techtronic Industries Company Profile

(Get Free Report)

Techtronic Industries Company Limited (TTI) is a Hong Kong‑based global manufacturer and marketer of tools and equipment for professional, industrial and consumer markets. The company develops and sells power tools, outdoor power equipment, hand tools, accessories and floorcare products. TTI’s product strategy emphasizes cordless and battery‑powered platforms, integrating advanced battery chemistry and brushless motor technology to serve trade professionals and DIY consumers seeking portable, high‑performance solutions.

TTI markets its products through a portfolio of well‑known brands and a broad distribution network that includes wholesalers, home improvement retailers, specialist dealerships and online channels.

Read More

Receive News & Ratings for Techtronic Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Techtronic Industries and related companies with MarketBeat.com's FREE daily email newsletter.