Techtronic Industries (OTCMKTS:TTNDY) Sees Unusually-High Trading Volume – Should You Buy?

Techtronic Industries Co. (OTCMKTS:TTNDY) saw strong trading volume on Wednesday . 311,140 shares changed hands during trading, an increase of 294% from the previous session’s volume of 78,938 shares.The stock last traded at $67.93 and had previously closed at $66.93.

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 analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Techtronic Industries Price Performance

The business has a 50 day moving average of $60.85 and a 200-day moving average of $61.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.79 and a current ratio of 1.54.

Techtronic Industries Company Profile

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.