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

Techtronic Industries Co. (OTCMKTS:TTNDY) saw strong trading volume on Tuesday . 152,598 shares were traded during trading, an increase of 137% from the previous session’s volume of 64,423 shares.The stock last traded at $57.19 and had previously closed at $56.59.

Analyst Upgrades and Downgrades

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

Techtronic Industries Trading Up 0.6%

The business has a fifty day moving average price of $60.14 and a 200-day moving average price of $59.81.

Techtronic Industries Increases Dividend

The business also recently declared a dividend, which was paid on Monday, September 29th. Stockholders of record on Thursday, September 4th were paid a $0.7762 dividend. This is a boost from Techtronic Industries’s previous dividend of $0.74. This represents a dividend yield of 231.0%. The ex-dividend date was Wednesday, September 3rd.

About Techtronic Industries

Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally. The company operates through Power Equipment, and Floorcare & Cleaning Segments. It offers power tools, power tool accessories, outdoor products, and outdoor product accessories under the MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART brands, as well as to original equipment manufacturer (OEM) customers.