Peel Hunt Reaffirms “Buy” Rating for Topps Tiles (LON:TPT)

Topps Tiles (LON:TPT)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a research note issued to investors on Wednesday, Marketbeat.com reports.

Topps Tiles Stock Up 1.6%

Shares of TPT traded up GBX 0.70 during mid-day trading on Wednesday, hitting GBX 44.70. The company’s stock had a trading volume of 590,797 shares, compared to its average volume of 356,348. The company’s 50-day moving average is GBX 37.63 and its 200-day moving average is GBX 37.18. Topps Tiles has a 52-week low of GBX 28.05 and a 52-week high of GBX 46. The firm has a market capitalization of £87.89 million, a price-to-earnings ratio of 14.85 and a beta of 1.45. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1,807.72.

About Topps Tiles

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.