Titon (LON:TON) Sets New 12-Month High – What’s Next?

Shares of Titon Holdings Plc (LON:TON) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 103 and last traded at GBX 97.50, with a volume of 6916 shares traded. The stock had previously closed at GBX 97.50.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Titon in a report on Friday, October 17th.

Titon Price Performance

The company has a current ratio of 3.13, a quick ratio of 1.83 and a debt-to-equity ratio of 4.38. The firm has a market capitalization of £10.97 million, a price-to-earnings ratio of -3.33 and a beta of 0.21. The company’s 50 day moving average is GBX 91.57 and its 200-day moving average is GBX 90.24.

Insiders Place Their Bets

In related news, insider Jeff Ward acquired 22,164 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were purchased at an average cost of GBX 90 per share, for a total transaction of £19,947.60. Also, insider Jamie Brooke acquired 22,222 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was bought at an average cost of GBX 90 per share, for a total transaction of £19,999.80. 20.47% of the stock is currently owned by corporate insiders.

Titon Company Profile

Titon Holdings Plc is a leading international manufacturer and supplier of ventilation systems and window and door hardware with a reputation for quality products and high levels of customer service. Formed in 1972 we employ over 150 people in the UK and operate in the USA. Titon is listed on the AIM Market on the London Stock Exchange, ticker is “TON”.

Titon has a strong presence in the UK residential ventilation market with a comprehensive range of mechanical and natural ventilation products and is also a leading supplier of window and door hardware.