TTM Technologies (Nasdaq:TTMI) hit a new 52-week high Monday as it changed hands at $19.64 compared with its previous 52-week high of $19.16. TTM is currently trading at $19.19 with 118,325 shares changing hands as of 9:32 a.m.
NEW YORK ( TheStreet) -- TTM Technologies (Nasdaq: TTMI) hit a new 52-week high Monday as it traded at $19.64 compared with its previous 52-Week high of $19.16. TTM is changing hands at $19.19 with 118,325 shares traded as of 9:32 a.m. ET. Average volume has been 839,100 shares over the past 30 days. TTM has a market cap of $1.5 billion and is part of the technology sector and electronics industry. Shares are up 21.3% year to date as of the close of trading on Friday. TTM Technologies, Inc. manufactures printed circuit boards, and provides backplane and sub-system assembly services in the United States and internationally. The company has a P/E ratio of 18, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 16.3.
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TheStreet Ratings rates TTM as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full TTM Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.