Titanium Transportation Group (CVE:TTR) Stock Price Up 4.7% – Still a Buy?

Titanium Transportation Group Inc. (CVE:TTR)’s stock price rose 4.7% during mid-day trading on Monday . The stock traded as high as C$2.48 and last traded at C$2.44. Approximately 78,493 shares changed hands during trading, an increase of 75% from the average daily volume of 44,841 shares. The stock had previously closed at C$2.33.

Titanium Transportation Group Price Performance

The company has a market capitalization of C$108.82 million and a price-to-earnings ratio of 11.09. The company has a current ratio of 1.02, a quick ratio of 0.98 and a debt-to-equity ratio of 132.92. The company has a 50 day moving average price of C$2.44 and a 200 day moving average price of C$2.44.

Titanium Transportation Group Company Profile

Titanium Transportation Group Inc, together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates in two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment. The Logistics segment provides non-asset-based broker services, which include ancillary transportation services, such as third party logistics and freight forwarding services.