Titanium Transportation Group (CVE:TTR) Shares Cross Above 50 Day Moving Average – What’s Next?

Titanium Transportation Group Inc. (CVE:TTR)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$2.44 and traded as high as C$2.48. Titanium Transportation Group shares last traded at C$2.44, with a volume of 78,493 shares trading hands.

Titanium Transportation Group Stock Up 4.7%

The company has a quick ratio of 0.98, a current ratio of 1.02 and a debt-to-equity ratio of 132.92. The company has a market capitalization of C$108.82 million and a P/E ratio of 11.09. The firm has a 50-day moving average price of C$2.44 and a two-hundred day moving average price of C$2.44.

About Titanium Transportation Group

Titanium Transportation Group Inc, together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates in two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment. The Logistics segment provides non-asset-based broker services, which include ancillary transportation services, such as third party logistics and freight forwarding services.