Titon (LON:TON) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Titon Holdings Plc (LON:TONGet Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 92.11 and traded as low as GBX 88.05. Titon shares last traded at GBX 88.05, with a volume of 500 shares changing hands.

Wall Street Analysts Forecast Growth

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

Read Our Latest Research Report on TON

Titon Price Performance

The company has a debt-to-equity ratio of 4.38, a current ratio of 3.13 and a quick ratio of 1.83. The firm has a market cap of £10.12 million, a price-to-earnings ratio of -3.07 and a beta of 0.21. The stock has a 50-day moving average price of GBX 92.11 and a 200 day moving average price of GBX 90.50.

Titon (LON:TONGet Free Report) last announced its 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%. As a group, equities research analysts forecast that Titon Holdings Plc will post 9.2847318 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Titon news, insider Jamie Brooke purchased 22,222 shares of Titon stock in a transaction that occurred on Monday, December 1st. The stock was purchased at an average price of GBX 90 per share, for a total transaction of £19,999.80. Also, insider Jeff Ward purchased 22,164 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were acquired at an average price of GBX 90 per share, with a total value of £19,947.60. Insiders own 20.47% of the company’s stock.

Titon Company Profile

(Get Free Report)

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 150 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.

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