TT Electronics (LON:TTG) Stock Crosses Below 200-Day Moving Average – Time to Sell?

TT Electronics plc (LON:TTG)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 112.09 and traded as low as GBX 108. TT Electronics shares last traded at GBX 109.60, with a volume of 180,502 shares.

TT Electronics Stock Performance

The stock’s 50-day moving average is GBX 119.69 and its 200-day moving average is GBX 112.09. The firm has a market capitalization of £195.51 million, a price-to-earnings ratio of -2.92, a PEG ratio of 0.60 and a beta of 0.95. The company has a current ratio of 2.26, a quick ratio of 0.93 and a debt-to-equity ratio of 71.97.

Insider Buying and Selling at TT Electronics

In other TT Electronics news, insider Warren Tucker sold 44,532 shares of the firm’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of GBX 111, for a total value of £49,430.52. 8.84% of the stock is owned by corporate insiders.

About TT Electronics

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. TT invests in R&D to create designed-in products where reliability is mission critical. Products designed and manufactured include sensors, power management and connectivity solutions.