Titon (LON:TON) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Titon Holdings Plc (LON:TON)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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.

Wall Street Analysts Forecast Growth

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

Titon Stock Performance

The company has a debt-to-equity ratio of 4.74, a quick ratio of 1.83 and a current ratio of 3.31. The firm has a 50 day moving average price of GBX 76.21 and a 200-day moving average price of GBX 84.02. The company has a market cap of £9.56 million, a P/E ratio of -607.14 and a beta of 0.19.

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