Titon (LON:TON) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Titon Holdings Plc (LON:TON) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 92.61 and traded as high as GBX 95. Titon shares last traded at GBX 91.50, with a volume of 1,000 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Titon in a research note on Friday, October 17th.

Titon Price Performance

The business has a 50 day simple moving average of GBX 92.61 and a two-hundred day simple moving average of GBX 90.66. The firm has a market capitalization of £10.29 million, a P/E ratio of -3.12 and a beta of 0.21. The company has a debt-to-equity ratio of 4.38, a quick ratio of 1.83 and a current ratio of 3.13.

Titon (LON:TON) last issued its quarterly earnings results on Thursday, January 15th. The company reported GBX 1.03 earnings per share (EPS) for the quarter. Titon had a negative return on equity of 7.84% and a negative net margin of 5.06%. On average, sell-side analysts expect that Titon Holdings Plc will post 9.2847318 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Jamie Brooke acquired 22,222 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was bought at an average cost of GBX 90 per share, with a total value of £19,999.80. Also, insider Jeff Ward bought 22,164 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was bought at an average price of GBX 90 per share, with a total value of £19,947.60. 20.47% of the stock is owned by 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 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.