TT Electronics (LON:TTG) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

TT Electronics plc (LON:TTG)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 117.56 and traded as low as GBX 113. TT Electronics shares last traded at GBX 113, with a volume of 370,968 shares.

TT Electronics Stock Performance

The stock has a market cap of £201.21 million, a price-to-earnings ratio of -3.01, a price-to-earnings-growth ratio of 0.60 and a beta of 0.95. The company’s 50-day simple moving average is GBX 117.95 and its 200-day simple moving average is GBX 117.56. The company has a quick ratio of 0.93, a current ratio of 1.90 and a debt-to-equity ratio of 81.11.

Insider Activity

In related news, insider Warren Tucker sold 48,445 shares of TT Electronics 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 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.