Topps Tiles (LON:TPT) Reaches New 52-Week High – What’s Next?

Topps Tiles Plc (LON:TPT) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 43 and last traded at GBX 43, with a volume of 948968 shares trading hands. The stock had previously closed at GBX 40.50.

Analyst Upgrades and Downgrades

Separately, Peel Hunt restated a “buy” rating and set a GBX 70 price target on shares of Topps Tiles in a research report on Wednesday, October 1st. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 51.33.

Topps Tiles Trading Up 6.2%

The stock has a market cap of £84.54 million, a PE ratio of -8.76 and a beta of 1.45. The firm has a 50-day moving average price of GBX 35.99 and a 200-day moving average price of GBX 36.32. The company has a debt-to-equity ratio of 1,807.72, a quick ratio of 0.37 and a current ratio of 1.04.

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.