Titanium Transportation Group (CVE:TTR) Stock Price Up 4.7% – Here’s Why

Titanium Transportation Group Inc. (CVE:TTR)’s stock price rose 4.7% during mid-day trading on Thursday. The company traded as high as C$2.48 and last traded at C$2.44. 78,493 shares traded hands during mid-day trading, an increase of 75% from the average daily volume of 44,841 shares. The stock had previously closed at C$2.33.

Titanium Transportation Group Trading Up 4.7%

The firm has a market capitalization of C$108.82 million and a price-to-earnings ratio of 11.09. The company has a debt-to-equity ratio of 132.92, a current ratio of 1.02 and a quick ratio of 0.98. The firm’s 50-day simple moving average is C$2.44 and its 200 day simple moving average is C$2.44.

About Titanium Transportation Group

Titanium Transportation Group Inc., together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates in two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment. The Logistics segment provides non-asset-based broker services, which include ancillary transportation services, such as third party logistics and freight forwarding services.