Topps Tiles’ (TPT) Hold Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their hold rating on shares of Topps Tiles (LON:TPT) in a research report sent to investors on Wednesday, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 42 ($0.54) price objective on the stock.

Topps Tiles Stock Performance

Shares of LON TPT opened at GBX 39.80 ($0.51) on Wednesday. Topps Tiles has a one year low of GBX 38 ($0.48) and a one year high of GBX 56.65 ($0.72). The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 452.83. The business has a fifty day simple moving average of GBX 41.95 and a 200 day simple moving average of GBX 43.19. The firm has a market capitalization of £78.27 million, a price-to-earnings ratio of 2,195.00 and a beta of 1.45.

Topps Tiles Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, January 30th. Shareholders of record on Thursday, December 19th will be given a GBX 1.20 ($0.02) dividend. This represents a yield of 3.04%. The ex-dividend date is Thursday, December 19th.

Topps Tiles Company Profile

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.