Titon (LON:TON) Shares Pass Above Fifty Day Moving Average – Here’s Why

Titon Holdings Plc (LON:TON)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-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.

Analyst Upgrades and Downgrades

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

Titon Stock Performance

The company has a quick ratio of 1.83, a current ratio of 3.31 and a debt-to-equity ratio of 4.74. The stock has a market capitalization of £8.52 million, a PE ratio of -541.07 and a beta of 0.20. The firm has a 50 day moving average price of GBX 75.54 and a 200-day moving average price of GBX 84.61.

Titon (LON:TON) last issued its quarterly earnings results on Thursday, April 30th. The company reported GBX (4.05) earnings per share for the quarter. Titon had a negative return on equity of 0.34% and a negative net margin of 0.23%.The business had revenue of GBX 807 million during the quarter. Research analysts expect that Titon Holdings Plc will post 9.2847318 EPS for the current fiscal year.

Titon Company Profile

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.