Topps Tiles (LON:TPT) Shares Cross Above Two Hundred Day Moving Average of $70.46
Topps Tiles Plc (LON:TPT)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $70.46 and traded as high as $67.70. Topps Tiles shares last traded at $68.00, with a volume of 10,264 shares changing hands.
TPT has been the subject of a number of research analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 100 ($1.31) price target on shares of Topps Tiles in a report on Wednesday, October 2nd. Peel Hunt reaffirmed a “buy” rating and issued a GBX 100 ($1.31) price target on shares of Topps Tiles in a report on Friday, September 27th. Finally, Liberum Capital reaffirmed a “buy” rating on shares of Topps Tiles in a report on Wednesday, October 2nd.
The stock has a fifty day moving average of GBX 66.70 and a 200-day moving average of GBX 70.46. The company has a quick ratio of 0.48, a current ratio of 1.24 and a debt-to-equity ratio of 113.84. The firm has a market capitalization of $133.58 million and a P/E ratio of 15.81.
Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for homeowners and tile fitters in the United Kingdom. The company offers bathroom, kitchen, floor, wall, and mosaic tiles. It also provides adhesives and grouts; and tools and essentials, such as trims, underfloor heating products, cutters, tools and accessories, cleaning and maintenance products, underfloor heating products, and wet room products.
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