TT Electronics (OTCMKTS:TTGPF) Lowered to “Hold” Rating by Royal Bank of Canada

TT Electronics (OTCMKTS:TTGPF) was downgraded by analysts at Royal Bank of Canada from a “moderate buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

TT Electronics Stock Performance

OTCMKTS TTGPF opened at $0.98 on Tuesday. The business’s 50 day moving average is $0.98 and its two-hundred day moving average is $1.14. TT Electronics has a 12-month low of $0.91 and a 12-month high of $2.22.

TT Electronics Company Profile

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.