Titon (LON:TON) Stock Crosses Below 50 Day Moving Average – Here’s Why

Titon Holdings Plc (LON:TONGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 74.66 ($0.97) and traded as low as GBX 70 ($0.91). Titon shares last traded at GBX 70 ($0.91), with a volume of 79,647 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Titon in a research report on Thursday, January 23rd.

Get Our Latest Research Report on TON

Titon Trading Down 2.6 %

The company has a market cap of £7.94 million, a P/E ratio of -8.10 and a beta of 0.21. The business’s 50-day moving average price is GBX 74.43 and its 200 day moving average price is GBX 73.82. The company has a debt-to-equity ratio of 4.38, a quick ratio of 1.83 and a current ratio of 3.13.

Titon (LON:TONGet Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The company reported GBX (17.41) (($0.23)) 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, analysts expect that Titon Holdings Plc will post 9.2847318 earnings per share for the current year.

Insider Buying and Selling at Titon

In related news, insider Tom Carpenter acquired 50,000 shares of the business’s stock in a transaction on Monday, March 17th. The stock was purchased at an average cost of GBX 71 ($0.92) per share, for a total transaction of £35,500 ($46,181.87). Insiders own 63.72% of the company’s stock.

About Titon

(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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