Topps Tiles (LON:TPT) Shares Cross Above 50-Day Moving Average – Should You Sell?

Topps Tiles Plc (LON:TPT – Get Free Report)’s share price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of GBX 34.78 and traded as high as GBX 35.40. Topps Tiles shares last traded at GBX 35, with a volume of 198,605 shares changing hands.

Topps Tiles Trading Down 2.3%

The company has a market cap of £66.96 million, a price-to-earnings ratio of 13.26 and a beta of 0.84. The company has a debt-to-equity ratio of 3,158.99, a quick ratio of 0.37 and a current ratio of 1.01. The business’s 50 day moving average price is GBX 34.78 and its 200-day moving average price is GBX 36.44.

About Topps Tiles

(Get Free Report)

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. It also sells its products online. The company was founded in 1963 and is headquartered in Leicester, the United Kingdom.

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