Titon (LON:TON) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Titon Holdings Plc (LON:TON)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 79.59 ($0.98) and traded as low as GBX 76.58 ($0.94). Titon shares last traded at GBX 76.58 ($0.94), with a volume of 15,247 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Titon in a research report on Thursday, October 24th.

Titon Price Performance

The company has a 50-day moving average of GBX 79.54 and a 200-day moving average of GBX 72.89. The stock has a market cap of £8.72 million, a price-to-earnings ratio of -861.11 and a beta of 0.21. The company has a debt-to-equity ratio of 3.51, a quick ratio of 1.83 and a current ratio of 2.92.

Insider Buying and Selling

In other Titon news, insider Jeff Ward acquired 20,000 shares of the business’s stock in a transaction on Monday, October 28th. The stock was purchased at an average price of GBX 75 ($0.92) per share, for a total transaction of £15,000 ($18,466.08). Corporate insiders own 63.72% of the company’s stock.

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 200 people, with 170 in the UK, 1 in the USA and 29 in South Korea. 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.