Titon (LON:TON) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Titon Holdings Plc (LON:TON) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 92.11 and traded as low as GBX 88.05. Titon shares last traded at GBX 88.05, with a volume of 500 shares changing hands.

Wall Street Analysts Forecast Growth

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

Titon Trading Down 2.7%

The company has a debt-to-equity ratio of 4.38, a quick ratio of 1.83 and a current ratio of 3.13. The firm has a fifty day moving average price of GBX 92.13 and a 200 day moving average price of GBX 90.52. The company has a market cap of £10.12 million, a price-to-earnings ratio of -3.07 and a beta of 0.21.

Titon (LON:TON) last posted its quarterly earnings results on Thursday, January 15th. The company reported GBX 1.03 earnings per share (EPS) for the quarter. Titon had a negative net margin of 5.06% and a negative return on equity of 7.84%. As a group, equities analysts predict that Titon Holdings Plc will post 9.2847318 EPS for the current fiscal year.

Insider Activity

In other news, insider Jamie Brooke bought 22,222 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was acquired at an average cost of GBX 90 per share, for a total transaction of £19,999.80. Also, insider Jeff Ward purchased 22,164 shares of Titon stock in a transaction that occurred on Monday, December 1st. The shares were acquired at an average price of GBX 90 per share, with a total value of £19,947.60. Company insiders own 20.47% of the company’s stock.

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.