Titon (LON:TON) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Titon Holdings Plc (LON:TON) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 76.08 ($0.98) and traded as high as GBX 77.50 ($1.00). Titon shares last traded at GBX 70.50 ($0.91), with a volume of 2,907 shares trading hands.

Wall Street Analyst Weigh In

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

Titon Price Performance

The company has a 50-day moving average price of GBX 75.89 and a 200-day moving average price of GBX 73.55. The firm has a market capitalization of £7.93 million, a P/E ratio of -8.09 and a beta of 0.21. 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:TON) last posted its earnings results on Thursday, January 23rd. The company reported GBX (17.41) (($0.22)) earnings per share (EPS) for the quarter. Titon had a negative return on equity of 7.84% and a negative net margin of 5.06%. On average, sell-side analysts predict that Titon Holdings Plc will post 9.2847318 earnings per share 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 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.