Titon (LON:TON) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Titon Holdings Plc (LON:TON)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 71.77 ($0.96) and traded as low as GBX 71 ($0.95). Titon shares last traded at GBX 72.20 ($0.97), with a volume of 5,000 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Titon in a research report on Tuesday, March 25th.

Titon Stock Up 1.7 %

The stock has a market cap of £8.12 million, a PE ratio of -8.28 and a beta of 0.21. The business has a 50-day moving average price of GBX 71.77 and a 200-day moving average price of GBX 74.94. The company has a current ratio of 3.13, a quick ratio of 1.83 and a debt-to-equity ratio of 4.38.

Titon (LON:TON) last announced its earnings results on Thursday, January 23rd. The company reported GBX (17.41) (($0.23)) 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, analysts forecast that Titon Holdings Plc will post 9.2847318 earnings per share for the current year.

Insider Buying and Selling at Titon

In other Titon news, insider Tom Carpenter bought 50,000 shares of the company’s stock in a transaction dated Monday, March 17th. The stock was acquired at an average price of GBX 71 ($0.95) per share, with a total value of £35,500 ($47,504.35). Insiders own 63.72% 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.