Titon (LON:TON) Releases Quarterly Earnings Results

Titon (LON:TON) posted its earnings results on Thursday. The company reported GBX (4.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 807 million for the quarter. Titon had a return on equity of 2.56% and a net margin of 1.77%.

Titon Stock Down 4.5%

Shares of TON traded down GBX 3.40 on Thursday, hitting GBX 71.60. The company’s stock had a trading volume of 21,490 shares, compared to its average volume of 13,811. The company has a quick ratio of 1.83, a current ratio of 3.37 and a debt-to-equity ratio of 3.83. The firm’s fifty day moving average price is GBX 80.85 and its 200-day moving average price is GBX 87.72. Titon has a fifty-two week low of GBX 65.25 and a fifty-two week high of GBX 103. The firm has a market capitalization of £8.05 million, a price-to-earnings ratio of 28.99 and a beta of 0.21.

Analyst Ratings Changes

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

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.