Titon (LON:TON) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Titon Holdings Plc (LON:TONGet Free Report)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 92.11 and traded as low as GBX 88.05. Titon shares last traded at GBX 88.05, with a volume of 500 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Titon in a report on Friday, October 17th.

Check Out Our Latest Stock Report on TON

Titon Trading Down 2.7%

The company’s 50 day simple moving average is GBX 92.11 and its 200 day simple moving average is GBX 90.50. The company has a debt-to-equity ratio of 4.38, a current ratio of 3.13 and a quick ratio of 1.83. The firm has a market cap of £10.12 million, a price-to-earnings ratio of -3.07 and a beta of 0.21.

Titon (LON:TONGet Free Report) last released its earnings results on Thursday, January 15th. The company reported GBX 1.03 earnings per share (EPS) for the quarter. Titon had a negative return on equity of 7.84% and a negative net margin of 5.06%. As a group, research analysts expect that Titon Holdings Plc will post 9.2847318 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Jeff Ward acquired 22,164 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was acquired at an average cost of GBX 90 per share, with a total value of £19,947.60. Also, insider Jamie Brooke bought 22,222 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were purchased at an average price of GBX 90 per share, with a total value of £19,999.80. 20.47% of the stock is owned by insiders.

Titon Company Profile

(Get Free Report)

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.

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