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CTS Corp (NYSE:CTS) has been downgraded from Buy to Hold in a report by HSBC Holdings plc today.

HSBC Holdings plc has downgraded CTS Corp (NYSE:CTS) from Buy to Hold in a report released on 06/08/2017.

Just yesterday CTS Corp (NYSE:CTS) traded 0.59% higher at $22.40. CTS Corp’s 50-day moving average is $23.40 and its 200-day moving average is $21.99. The last closing price is up 16.65% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 57,309 shares of CTS traded hands, down from an average trading volume of 70,711

Recent Performance Chart

CTS Corp (NYSE:CTS)

CTS Corp has 52 week low of $16.35 and a 52 week high of $25.90 with a PE ratio of 28.16 and has a market capitalization of $0.

Brief Synopsis On CTS Corp (NYSE:CTS)

CTS Corporation is a manufacturer of sensors, electronic components and actuators. The Company designs, manufactures and sells a line of sensors, electronic components and actuators primarily to original equipment manufacturers (OEMs) for the transportation, industrial, medical, information technology, defense and aerospace, and communications markets. It operates manufacturing facilities in North America, Asia and Europe. Its products perform specific electronic functions for a given product family and are intended for use in customer assemblies. The Company's products consist principally of sensors and actuators used in passenger or commercial vehicles; electronic components used in communications infrastructure, information technology and other high-speed applications; switches and potentiometers supplied to multiple markets, and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and information technology markets.

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