Titon (LON:TON) Shares Pass Below 50 Day Moving Average – Time to Sell?

Titon Holdings Plc (LON:TON)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 76.90 ($0.97) and traded as low as GBX 73.50 ($0.93). Titon shares last traded at GBX 73.50 ($0.93), with a volume of 13,739 shares.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Titon in a research note on Thursday, January 23rd.

Titon Stock Performance

The company has a debt-to-equity ratio of 4.38, a quick ratio of 1.83 and a current ratio of 3.13. The company has a market cap of £7.99 million, a price-to-earnings ratio of -8.15 and a beta of 0.21. The company has a fifty day moving average of GBX 76.90 and a two-hundred day moving average of GBX 73.27.

Titon (LON:TON) last released its quarterly earnings data on Thursday, January 23rd. The company reported GBX (17.41) (($0.22)) earnings per share for the quarter. Titon had a negative net margin of 5.06% and a negative return on equity of 7.84%. Equities research analysts anticipate that Titon Holdings Plc will post 9.2847318 EPS for the current year.

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 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.