Titon (LON:TON) Shares Cross Above 50 Day Moving Average – Here’s Why

Shares of Titon Holdings Plc (LON:TON) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 67.74 ($0.88) and traded as high as GBX 85 ($1.11). Titon shares last traded at GBX 82.50 ($1.07), with a volume of 23,014 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Titon in a research report on Thursday, October 24th.

Titon Stock Down 3.0 %

The company has a debt-to-equity ratio of 3.51, a current ratio of 2.92 and a quick ratio of 1.83. The company has a market cap of £9 million, a price-to-earnings ratio of -916.67 and a beta of 0.21. The firm’s 50-day moving average price is GBX 68.05 and its 200-day moving average price is GBX 72.94.

Insider Activity at Titon

In related news, insider Jeff Ward bought 20,000 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was bought at an average price of GBX 75 ($0.98) per share, with a total value of £15,000 ($19,526.17). 63.72% of the stock is owned by insiders.

Titon Company Profile

Titon Holdings Plc, together with its subsidiaries, designs, manufactures, and markets ventilation products, and door and window fittings in the United Kingdom, South Korea, the United States, and Europe. The company offers a range of passive and powered ventilation products; and hardware for windows and doors, including handles, hinges, trickle vents and extract fans for house builders, electrical contractors, window and door manufacturers, and construction companies.