TT Electronics (OTCMKTS:TTGPF) Cut to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of TT Electronics (OTCMKTS:TTGPF) from a buy rating to a hold rating in a research note released on Tuesday, Zacks.com reports.

According to Zacks, “TT electronics plc manufactures electronic and electrical components for the automotive, telecommunication and industrial engineering sectors. Its operating segment includes Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services segments. The company’s products include electronic components and systems, electrical cables, uninterruptible power supplies and generators. TT electronics plc is based in Woking, the United Kingdom. “

Shares of TTGPF opened at $3.74 on Tuesday. The stock has a fifty day moving average of $3.78 and a two-hundred day moving average of $3.48. TT Electronics has a fifty-two week low of $1.27 and a fifty-two week high of $4.31.

About TT Electronics

TT Electronics Plc engages in the business of design, manufacture and sale of electronic component and sensor technology for the defense, aerospace, medical, transportation and industrial electronics markets. It operates through the following segments; Sensors & Specialist Components, Power & Connectivity, and Global Manufacturing Solutions.

Further Reading: What does it mean to hold a stock in street name?

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