Techtronic Industries (OTCMKTS:TTNDY) Sees Unusually-High Trading Volume – Here’s Why

Techtronic Industries Co. (OTCMKTS:TTNDY) shares saw strong trading volume on Monday . 107,610 shares were traded during mid-day trading, an increase of 65% from the previous session’s volume of 65,278 shares.The stock last traded at $58.51 and had previously closed at $59.68.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Techtronic Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. One equities research 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.com, Techtronic Industries presently has a consensus rating of “Buy”.

Techtronic Industries Price Performance

The company has a 50-day moving average price of $59.04 and a 200-day moving average price of $59.97. The company has a current ratio of 1.54, a quick ratio of 0.79 and a debt-to-equity ratio of 0.21.

About Techtronic Industries

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.