Techtronic Industries (OTCMKTS:TTNDY) Sees Large Volume Increase – Here’s Why

Shares of Techtronic Industries Co. (OTCMKTS:TTNDY) saw strong trading volume on Wednesday . 311,140 shares were traded during trading, an increase of 294% from the previous session’s volume of 78,938 shares.The stock last traded at $67.93 and had previously closed at $66.93.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Techtronic Industries from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Techtronic Industries Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.79 and a current ratio of 1.54. The company’s fifty day moving average is $60.32 and its 200-day moving average is $61.05.

Techtronic Industries Company Profile

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.