TECHTRONIC INDS. reduced its risk exposure resulting in an upgrade to Slightly Positive
TECHTRONIC INDS. (HK), a company active in the Durable Household Products industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date September 7, 2021, the closing price was HKD 173.80 and its potential was estimated at HKD 185.31.Techtronic Industries is an investment holding company. Co. is engaged in the manufacture and trading electrical and electronic products. Co.'s categories of goods supplied are Power Equipment and Floor Care and Appliances. Power Equipment segment is engaged in the sale of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands. Floor Care and Appliances segment is engaged in the sales of floor care products and floor care accessories under the HOOVER, DIRT DEVIL, VAX and ORECK brands.
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