TT Electronics (LON:TTG) Insider Warren Tucker Sells 48,445 Shares

TT Electronics plc (LON:TTG) insider Warren Tucker sold 48,445 shares of the company’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.

Warren Tucker also recently made the following trade(s):

• On Thursday, January 8th, Warren Tucker sold 44,532 shares of TT Electronics stock. The shares were sold at an average price of GBX 111, for a total transaction of £49,430.52.

TT Electronics Trading Down 1.6%

LON TTG opened at GBX 110.22 on Monday. The company has a quick ratio of 0.93, a current ratio of 2.26 and a debt-to-equity ratio of 71.97. The firm has a market cap of £196.25 million, a PE ratio of -2.93, a price-to-earnings-growth ratio of 0.60 and a beta of 0.95. The company has a 50 day moving average price of GBX 128.29 and a 200 day moving average price of GBX 112.03. TT Electronics plc has a 52 week low of GBX 61.90 and a 52 week high of GBX 154.80.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their price objective on TT Electronics from GBX 98 to GBX 105 and gave the stock a “hold” rating in a research report on Wednesday, September 24th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of GBX 96.

TT Electronics Company Profile

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.