Tt Electronics (NASDAQ:TTGPF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

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. “

Tt Electronics (NASDAQ:TTGPF) remained flat at $2.60 during mid-day trading on Tuesday. The firm’s 50-day moving average price is $2.50 and its 200-day moving average price is $2.00. The firm has a market capitalization of $403.76 million and a P/E ratio of 19.70. Tt Electronics has a one year low of $1.56 and a one year high of $2.60.

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