Touchstar (LON:TST) Stock Falls 3.4% – Here’s Why

Touchstar plc (LON:TST) was down 3.4% during mid-day trading on Monday. The stock traded as low as GBX 67.60 and last traded at GBX 67.60. 1,303 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 11,249 shares. The stock had previously closed at GBX 70.

Touchstar Stock Down 1.4%

The firm has a market cap of £5.47 million, a PE ratio of -5.14 and a beta of 0.42. The business’s 50 day moving average price is GBX 73.25 and its 200 day moving average price is GBX 71.34. The company has a debt-to-equity ratio of 25.46, a current ratio of 1.49 and a quick ratio of 1.16.

Touchstar (LON:TST) last released its quarterly earnings results on Monday, September 28th. The company reported GBX (1.35) earnings per share for the quarter. Touchstar had a negative return on equity of 59.56% and a negative net margin of 15.86%. On average, equities research analysts expect that Touchstar plc will post 11.39 earnings per share for the current year.

Touchstar Company Profile

TouchStar Technologies Ltd has been supplying turnkey data collection and mobile computing solutions for industrial and commercial applications since 1982.

Global leaders such as Coca Cola Enterprises, Wincanton Logistics, Ford Motor Company, GSK, Tata Steel, Calor Gas and Certas have benefited from a highly professional approach to project fulfilment.

Our solutions are always ‘fit for purpose’ and supported & maintained for decades, preserving and future-proofing your initial capital investment.