Titon (LON:TON) Announces Quarterly Earnings Results

Titon (LON:TON) posted its quarterly earnings results on Thursday. The company reported GBX (17.41) (($0.21)) earnings per share for the quarter, Digital Look Earnings reports. Titon had a negative net margin of 5.06% and a negative return on equity of 8.27%.

Titon Stock Performance

Shares of TON stock opened at GBX 75 ($0.92) on Thursday. The firm has a 50 day moving average of GBX 79.49 and a two-hundred day moving average of GBX 72.92. The stock has a market capitalization of £8.44 million, a PE ratio of -833.33 and a beta of 0.21. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 3.51. Titon has a 52 week low of GBX 60 ($0.74) and a 52 week high of GBX 90 ($1.11).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Titon in a research report on Thursday.

Insider Activity

In other news, insider Jeff Ward purchased 20,000 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The stock was bought at an average price of GBX 75 ($0.92) per share, for a total transaction of £15,000 ($18,466.08). Insiders own 63.72% of the company’s stock.

Titon Company Profile

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 200 people, with 170 in the UK, 1 in the USA and 29 in South Korea. 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.