Techtronic Industries (OTCMKTS:TTNDY) Stock Rating Lowered by Zacks Research

Techtronic Industries (OTCMKTS:TTNDYGet Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Techtronic Industries Stock Performance

TTNDY opened at $75.38 on Wednesday. The firm has a 50-day simple moving average of $71.84 and a two-hundred day simple moving average of $67.31. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.67 and a quick ratio of 0.79. Techtronic Industries has a 52 week low of $53.20 and a 52 week high of $81.34.

Techtronic Industries Company Profile

(Get Free Report)

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.

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