Titon (LON:TON) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Titon Holdings Plc (LON:TON)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 81.08 and traded as high as GBX 85. Titon shares last traded at GBX 83, with a volume of 52,548 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “house stock” rating on shares of Titon in a research report on Friday, July 10th.

Titon Trading Up 0.6%

The firm has a market cap of £9.34 million, a PE ratio of -592.86 and a beta of 0.19. The company has a quick ratio of 1.83, a current ratio of 3.31 and a debt-to-equity ratio of 4.74. The stock’s fifty day simple moving average is GBX 81.08 and its two-hundred day simple moving average is GBX 81.87.

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 120 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.