Topps Tiles (LON:TPT) Sets New 12-Month Low at $38.00

Shares of Topps Tiles Plc (LON:TPT) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 38 ($0.48) and last traded at GBX 39.60 ($0.50), with a volume of 1300182 shares trading hands. The stock had previously closed at GBX 40.70 ($0.51).

Topps Tiles Stock Performance

The company has a fifty day moving average price of GBX 42.90 and a two-hundred day moving average price of GBX 44.43. The company has a debt-to-equity ratio of 358.12, a current ratio of 0.98 and a quick ratio of 0.37. The company has a market capitalization of £77.88 million, a P/E ratio of 2,035.00 and a beta of 1.38.

Topps Tiles Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 6th will be paid a dividend of GBX 1.20 ($0.02) per share. This represents a dividend yield of 2.77%. The ex-dividend date is Thursday, June 6th. Topps Tiles’s payout ratio is currently 20,000.00%.

About Topps Tiles

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom. The company engages in the property management and investment activities; retail and wholesale of wood flooring products; provision of warehousing services; and sale and distribution of architectural ceramic.