Techtronic Industries (OTCMKTS:TTNDY) Sees Strong Trading Volume – What’s Next?

Techtronic Industries Co. (OTCMKTS:TTNDY) shares saw unusually-high trading volume on Monday . Approximately 107,610 shares changed hands during trading, an increase of 65% from the previous session’s volume of 65,278 shares.The stock last traded at $58.51 and had previously closed at $59.68.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Techtronic Industries from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Techtronic Industries Stock Performance

The business has a fifty day moving average price of $59.04 and a two-hundred day moving average price of $59.97. The company has a quick ratio of 0.79, a current ratio of 1.54 and a debt-to-equity ratio of 0.21.

About Techtronic Industries

Techtronic Industries Company Limited (TTI) is a Hong Kong?based global manufacturer and marketer of tools and equipment for professional, industrial and consumer markets. The company develops and sells power tools, outdoor power equipment, hand tools, accessories and floorcare products. TTI’s product strategy emphasizes cordless and battery?powered platforms, integrating advanced battery chemistry and brushless motor technology to serve trade professionals and DIY consumers seeking portable, high?performance solutions.

TTI markets its products through a portfolio of well?known brands and a broad distribution network that includes wholesalers, home improvement retailers, specialist dealerships and online channels.