Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement. On June 2 the company was upgraded to "Overweight" from "Neutral" and a price target of $12.50 was set by analysts at JP Morgan. Eqis Capital Management Inc.'s holdings in TTM Technologies were worth $215,000 at the end of the most recent reporting period.
A number of other research analysts also recently commented on TTMI. In the last three months, insiders have sold 14,074 shares of company stock valued at $249,890. FMR LLC boosted its stake in TTM Technologies by 111.0% in the first quarter. Parametric Portfolio Associates LLC now owns 288,493 shares valued at $5,008,000. Fox Run Management L.L.C. acquired a new position in TTM Technologies during the second quarter valued at $306,000. Principal Financial Group Inc. boosted its stake in shares of TTM Technologies by 3.0% in the first quarter. LSV Asset Management now owns 2,508,368 shares of the technology company's stock worth $43,545,000 after buying an additional 2,084,668 shares during the last quarter. State of Alaska Department of Revenue now owns 9,310 shares of the technology company's stock valued at $150,000 after buying an additional 140 shares during the last quarter. Institutional investors and hedge funds own 95.16% of the company's stock.
Moreover, Legal & General Group Plc has 0% invested in TTM Technologies, Inc. (TTMI) traded down 1.72% during midday trading on Friday, hitting $13.12. 857,740 shares of the company traded hands. The company has a market cap of $1.44B and its 12 month revenue was nearly $2.60B. The stock's 50 day moving average is $17.53 and its 200 day moving average is $16.61.
TTM Technologies (NASDAQ:TTMI) last announced its quarterly earnings data on Wednesday, August 2nd. As of the last earnings report the EPS was $0.71 and is projected to be $1.53 for the current year with 101,814,000 shares now outstanding. The business had revenue of $627.20 million for the quarter, compared to analysts' expectations of $625.43 million.
For a profitability analysis, there is the 17.00% gross margin and the 3.00% net margin to consider. During the same quarter past year, the company earned $0.28 EPS. Long-term investors should review current trend forecasts and yearly or five-year trend graphs to understand whether the stock is bearish or bullish or to determine whether the company is performing well.
COPYRIGHT VIOLATION NOTICE: "Eqis Capital Management Inc".
It's far too early for the Premier League to start again
But widespread reports have suggested he's unhappy with Chelsea's lack of signings since they secured the title in May. Crespo also gave his prediction for the top four, and why he thinks it will pan out this way.
COPYRIGHT VIOLATION WARNING: "TTM Technologies, Inc". (NASDAQ:TTMI) from a buy rating to a strong-buy rating in a report published on Monday, Marketbeat reports. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of worldwide copyright & trademark laws. The legal version of this piece can be viewed at https://www.baseball-news-blog.com/2017/08/11/ttm-technologies-inc-ttmi-stake-held-by-new-york-state-teachers-retirement-system-updated-updated-updated.html.
Let's take a look at how the stock has been performing recently.
TTM Technologies, Inc. was upgraded to "strong buy" by analysts at Needham & Company. Finally, TheStreet raised shares of TTM Technologies from a c rating to a b- rating in a research report on Wednesday, May 3rd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock.
In other news, SVP Daniel J. Weber sold 3,605 shares of the firm's stock in a transaction dated Tuesday, June 27th. The shares were sold at an average price of $18.43, for a total value of $55,290.00. Following the completion of the sale, the senior vice president now owns 48,270 shares in the company, valued at approximately $864,998.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
In other TTM Technologies news, Director Kenton K. Alder sold 3,000 shares of the firm's stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $17.92, for a total transaction of $64,601.60. The disclosure for this sale can be found here.
TTM Technologies, Inc.is a manufacturer of printed circuit board products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions).