Techtronic Industries (OTCMKTS:TTNDY) Shares Gap Down – Should You Sell?

Shares of Techtronic Industries Co. (OTCMKTS:TTNDY) gapped down prior to trading on Wednesday . The stock had previously closed at $59.31, but opened at $57.05. Techtronic Industries shares last traded at $57.7450, with a volume of 13,011 shares traded.

Analyst Ratings Changes

Separately, Zacks Research raised Techtronic Industries from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

Techtronic Industries Stock Performance

The business has a 50 day moving average of $59.08 and a 200 day moving average of $59.94.

About Techtronic Industries

Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally. The company operates through Power Equipment, and Floorcare & Cleaning Segments. It offers power tools, power tool accessories, outdoor products, and outdoor product accessories under the MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART brands, as well as to original equipment manufacturer (OEM) customers.