TT Electronics (LON:TTG) Lowered to Sector Perform Rating by Royal Bank of Canada

Royal Bank of Canada lowered shares of TT Electronics ( LON:TTG – Free Report ) to a sector perform rating in a research note released on Tuesday, MarketBeat Ratings reports. They currently have GBX 85 ($1.12) price objective on the stock, down from their prior price objective of GBX 140 ($1.

85). TT Electronics Price Performance Shares of LON:TTG opened at GBX 77.60 ($1.



03) on Tuesday. TT Electronics has a 12 month low of GBX 61.90 ($0.

82) and a 12 month high of GBX 184 ($2.44). The firm has a 50 day moving average of GBX 82.

68 and a 200-day moving average of GBX 91.67. The company has a current ratio of 2.

26, a quick ratio of 0.93 and a debt-to-equity ratio of 71.97.

The stock has a market capitalization of £138.58 million, a PE ratio of -10.87, a PEG ratio of 0.

60 and a beta of 0.95. TT Electronics ( LON:TTG – Get Free Report ) last announced its quarterly earnings data on Thursday, April 10th.

The company reported GBX 11 ($0.15) earnings per share for the quarter. TT Electronics had a negative net margin of 2.

19% and a negative return on equity of 4.73%. On average, equities research analysts predict that TT Electronics will post 16.

7485822 EPS for the current fiscal year. Insiders Place Their Bets About TT Electronics ( Get Free Report ) 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. Read More Receive News & Ratings for TT Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TT Electronics and related companies with MarketBeat.com's FREE daily email newsletter .

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