TTM Technologies, Inc. (NASDAQ:TTMI) went down by -0.43% from its latest closing price when compared to the 1-year high value of $16.25 and move down -17.07%, while TTMI stocks collected -6.91% of loss with the last five trading sessions. Press Release reported on 02/05/20 that TTM Technologies, Inc. Reports Fiscal Fourth Quarter and 2019 Results
TTM Technologies, Inc. (NASDAQ:TTMI) Worth an Investment?
TTM Technologies, Inc. (NASDAQ: TTMI) scored price to earnings ratio above its average ratio, recording 38.88 times of increase in earnings at the present.
TTMI Market Performance
TTMI stocks went down by -6.91% for the week, with the monthly drop of -9.16% and a quarterly performance of 8.27%, while its annual performance rate touched 17.23%. The simple moving average for the period of the last 20 days is -6.32% for TTMI stocks with the simple moving average of 15.76% for the last 200 days.
Analysts’ Opinion on TTM Technologies, Inc. (NASDAQ:TTMI)
Many brokerage firms have already submitted their reports for TTMI stocks, with JP Morgan repeating the rating for TTMI shares by setting it to “Overweight”. The predicted price for TTMI socks in the upcoming period according to JP Morgan is $16 based on the research report published on December 13, 2019.
B. Riley FBR, on the other hand, stated in their research note that they expect to see TTMI stock at the price of $17.75. The rating they have provided for TTMI stocks is “Buy” according to the report published on September 5, 2019.
JP Morgan gave “ Neutral” rating to TTMI stocks, setting the target price at $14 in the report published on August 5, 2019.
TTMI Stocks -5.35% Far from 50 Day Moving Average
After a stumble in the market that brought TTMI to its low price for the period of the last 52 weeks, TTM Technologies, Inc. was unable to take a rebound, for now settling with -14.58% of loss for the given period.
The stock volatility was left at 3.43%, however, within the period of a single month, the volatility rate increased by 3.48%, while the shares sank at the distance of -8.80% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +4.28% upper at the present time.
In the course of the last 5 trading sessions, TTMI went down by -6.91%, which changed the moving average for the period of 200 days to the total of +4.83% of gains for the stock in comparison to the 20-day moving average settled at $14.75. In addition, TTM Technologies, Inc. saw -7.77% in overturn over the period of a single year with a tendency to cut further losses.
TTMI Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at TTM Technologies, Inc. (TTMI), starting from Schull Todd B, who sold 49,843 shares at the price of $15.00 back on Dec 18. After this action, Rushing now owns 220,894 shares of TTM Technologies, Inc., valued at $747,645 with the latest closing price.
Schull Todd B, the EVP and CFO of TTM Technologies, Inc., sold 157 shares at the value of $15.00 during a trade that took place back on Dec 16, which means that Schull Todd B is holding 270,737 shares at the value of $2,355 based on the most recent closing price.
TTMI Stock Fundamentals
The current profitability levels are settled at +4.73 for the present operating margin and +13.13 for gross margin. The net margin for TTM Technologies, Inc. stands at +1.54. Equity return holds the value 6.50%, with 2.30% for asset returns.