TT Electronics (OTCMKTS:TTGPF) Shares Up 1.5% – Still a Buy?

TT Electronics PLC (OTCMKTS:TTGPFGet Free Report) shot up 1.5% during trading on Wednesday . The company traded as high as $1.60 and last traded at $1.60. 600 shares traded hands during mid-day trading, an increase of 1,448% from the average session volume of 39 shares. The stock had previously closed at $1.5757.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on TTGPF

TT Electronics Stock Up 1.5%

The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.97 and a current ratio of 1.71. The firm’s fifty day moving average price is $1.50 and its two-hundred day moving average price is $1.51.

About TT Electronics

(Get Free Report)

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.

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