Techtronic Industries (OTCMKTS:TTNDY) Shares Gap Down – Should You Sell?

Shares of Techtronic Industries Co. (OTCMKTS:TTNDY) gapped down before the market opened on Wednesday . The stock had previously closed at $59.31, but opened at $57.05. Techtronic Industries shares last traded at $57.7450, with a volume of 13,011 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised 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 given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Techtronic Industries Stock Down 3.1%

The business has a fifty day moving average price of $59.08 and a 200 day moving average price of $59.94.

Techtronic Industries Company Profile

Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally. The company operates through Power Equipment, and Floorcare & Cleaning Segments. It offers power tools, power tool accessories, outdoor products, and outdoor product accessories under the MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART brands, as well as to original equipment manufacturer (OEM) customers.