Topps Tiles (LON:TPT) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Topps Tiles Plc (LON:TPT) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 34.87 ($0.46) and traded as low as GBX 34 ($0.45). Topps Tiles shares last traded at GBX 36 ($0.48), with a volume of 347,843 shares trading hands.

Topps Tiles Trading Up 5.8%

The business has a 50 day simple moving average of GBX 37.23 and a 200 day simple moving average of GBX 34.87. The company has a debt-to-equity ratio of 1,807.72, a current ratio of 1.04 and a quick ratio of 0.37. The company has a market cap of £74.89 million, a price-to-earnings ratio of 141.48 and a beta of 1.45.

Topps Tiles (LON:TPT) last released its quarterly earnings results on Tuesday, May 20th. The company reported GBX 1.12 ($0.01) earnings per share (EPS) for the quarter. Topps Tiles had a return on equity of 4.82% and a net margin of 0.21%. As a group, equities analysts forecast that Topps Tiles Plc will post 4.0687161 EPS for the current year.

Topps Tiles Company Profile

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom. The company engages in the property management and investment activities; retail and wholesale of wood flooring products; provision of warehousing services; and sale and distribution of architectural ceramic.