Titon (LON:TON) Shares Pass Below Fifty Day Moving Average – What’s Next?

Shares of Titon Holdings Plc (LON:TON) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 89.48 ($1.19) and traded as low as GBX 87 ($1.16). Titon shares last traded at GBX 100 ($1.33), with a volume of 21,293 shares.

Titon Price Performance

The stock has a fifty day moving average of GBX 89.48 and a two-hundred day moving average of GBX 80.30. The stock has a market cap of £10.39 million, a price-to-earnings ratio of -315.47 and a beta of 0.21. The company has a quick ratio of 1.83, a current ratio of 3.13 and a debt-to-equity ratio of 4.38.

Insiders Place Their Bets

In other Titon news, insider Jamie Brooke acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, July 4th. The shares were purchased at an average price of GBX 85 per share, with a total value of £8,500. 20.47% of the stock is owned by corporate insiders.

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.