Titon (LON:TON) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Titon Holdings Plc (LON:TON) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 78.34 and traded as high as GBX 81. Titon shares last traded at GBX 81, with a volume of 12,000 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Titon in a research report on Friday, July 10th.

Titon Stock Performance

The stock has a market capitalization of £9.11 million, a P/E ratio of -578.57 and a beta of 0.19. The company has a debt-to-equity ratio of 4.74, a quick ratio of 1.83 and a current ratio of 3.31. The company’s fifty day simple moving average is GBX 78.34 and its two-hundred day simple moving average is GBX 82.93.

Titon (LON:TON) last issued its quarterly earnings data on Thursday, April 30th. The company reported GBX (4.05) earnings per share (EPS) for the quarter. Titon had a negative return on equity of 0.34% and a negative net margin of 0.23%.The company had revenue of GBX 807 million for the quarter. As a group, equities analysts forecast that Titon Holdings Plc will post 9.2847318 EPS for the current year.

About Titon

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 120 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.