Titon (LON:TON) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Titon Holdings Plc (LON:TON)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 76.21 and traded as high as GBX 85. Titon shares last traded at GBX 85, with a volume of 20,056 shares trading hands.

Wall Street Analysts Forecast Growth

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

Titon Stock Up 6.2%

The stock has a fifty day moving average price of GBX 76.21 and a two-hundred day moving average price of GBX 84.02. The company has a market cap of £9.56 million, a price-to-earnings ratio of -607.14 and a beta of 0.19. The company has a quick ratio of 1.83, a current ratio of 3.31 and a debt-to-equity ratio of 4.74.

Titon (LON:TON) last released 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 business had revenue of GBX 807 million during the quarter. As a group, sell-side analysts expect that Titon Holdings Plc will post 9.2847318 EPS 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.