TT Electronics (LON:TTG) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

TT Electronics plc (LON:TTG)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 117.10 and traded as low as GBX 116. TT Electronics shares last traded at GBX 117, with a volume of 53,026 shares trading hands.

TT Electronics Trading Up 1.2%

The firm has a market cap of £208.33 million, a PE ratio of -3.11, a PEG ratio of 0.60 and a beta of 0.95. The stock’s 50 day simple moving average is GBX 118.08 and its 200 day simple moving average is GBX 117.10. The company has a debt-to-equity ratio of 81.11, a quick ratio of 0.93 and a current ratio of 1.90.

Insider Buying and Selling at TT Electronics

In other news, insider Warren Tucker sold 48,445 shares of the business’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of GBX 109, for a total value of £52,805.05. 8.76% 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.