Titon (LON:TON) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Titon Holdings Plc (LON:TON)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 75.44 and traded as high as GBX 80. Titon shares last traded at GBX 78, with a volume of 3 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Titon in a research report on Monday, June 1st.

Titon Stock Performance

The firm’s fifty day moving average price is GBX 75.44 and its 200 day moving average price is GBX 84.66. The company has a current ratio of 3.31, a quick ratio of 1.83 and a debt-to-equity ratio of 4.74. The firm has a market capitalization of £8.77 million, a PE ratio of -557.14 and a beta of 0.20.

Titon (LON:TON) last posted its quarterly earnings results on Thursday, April 30th. The company reported GBX (4.05) EPS for the quarter. Titon had a negative net margin of 0.23% and a negative return on equity of 0.34%. The company had revenue of GBX 807 million for the quarter. On average, research analysts anticipate 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 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.