TTM Technologies Inc (NASDAQ:TTMI) shares, rose in value on Friday, March 28, with the stock price down by -3.16% to the previous day’s close as strong demand from buyers drove the stock to $20.86.
Actively observing the price movement in the last trading, the stock closed the session at $21.54, falling within a range of $20.61 and $21.47. The value of beta (5-year monthly) was 1.187 whereas the PE ratio was 38.52 over 12-month period. Referring to stock’s 52-week performance, its high was $30.41, and the low was $13.43. On the whole, TTMI has fluctuated by -13.44% over the past month.
With the market capitalization of TTM Technologies Inc currently standing at about $2.12 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.59B, with a low estimate of 619.8M and a high estimate of 625.97M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 621.44M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TTMI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of TTMI currently trading nearly -6.55% and -13.46% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.52, while the 7-day volatility ratio is showing 3.87% which for the 30-day chart, stands at 3.78%. Furthermore, TTM Technologies Inc (TTMI)’s beta value is 1.15, and its average true range (ATR) is 0.90.
A comparison of TTM Technologies Inc (TTMI) with its peers suggests the former has fared considerably weaker in the market. TTMI showed an intraday change of -3.16% in last session, and over the past year, it grew by 39.25%%.
Data on historical trading for TTM Technologies Inc (NASDAQ:TTMI) indicates that the trading volumes over the past 10 days have averaged 0.81 and over the past 3 months, they’ve averaged 723.53K. According to company’s latest data on outstanding shares, there are 102.00 million shares outstanding.
Nearly 2.97% of TTM Technologies Inc’s shares belong to company insiders and institutional investors own 100.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.69 million shares as on 2025-03-14, resulting in a short ratio of 4.06. According to the data, the short interest in TTM Technologies Inc (TTMI) stood at 391.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.88 million. The stock has fallen by -15.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TTMI stock heading into the next quarter.
