Titon (LON:TON) Shares Cross Below 50-Day Moving Average – Should You Sell?

Titon Holdings Plc (LON:TON)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 78.17 ($0.97) and traded as low as GBX 73.50 ($0.92). Titon shares last traded at GBX 73.50 ($0.92), with a volume of 8,095 shares changing hands.

Analyst Ratings Changes

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

Titon Price Performance

The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 3.51. The stock has a 50 day simple moving average of GBX 78.17 and a 200-day simple moving average of GBX 73.03. The firm has a market cap of £8.27 million, a PE ratio of -816.67 and a beta of 0.21.

Titon (LON:TON) last posted its earnings results 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 8.27%. Equities analysts anticipate that Titon Holdings Plc will post 9.2847318 earnings per share for the current fiscal 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.