Titon (LON:TON) Shares Cross Above 50 Day Moving Average – Should You Sell?

Titon Holdings Plc (LON:TON) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 84.19 and traded as high as GBX 90. Titon shares last traded at GBX 81, with a volume of 5,002 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Titon in a research note on Wednesday, August 12th.

Titon Price Performance

The stock has a market capitalization of £9.56 million, a price-to-earnings ratio of -607.14 and a beta of 0.20. The company has a current ratio of 3.31, a quick ratio of 1.83 and a debt-to-equity ratio of 4.74. The company’s 50 day moving average is GBX 84.38 and its 200 day moving average is GBX 81.49.

About Titon

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 120 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.