Titon (LON:TON) Shares Pass Above Fifty Day Moving Average – What’s Next?

Titon Holdings Plc (LON:TON)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 67.74 ($0.88) and traded as high as GBX 85 ($1.11). Titon shares last traded at GBX 82.50 ($1.07), with a volume of 23,014 shares.

Wall Street Analyst Weigh In

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

Titon Stock Performance

The company has a fifty day moving average of GBX 68.40 and a two-hundred day moving average of GBX 72.91. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 3.51. The stock has a market capitalization of £9.28 million, a price-to-earnings ratio of -916.67 and a beta of 0.21.

Insider Buying and Selling

In other Titon news, insider Jeff Ward purchased 20,000 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were purchased at an average cost of GBX 75 ($0.98) per share, for a total transaction of £15,000 ($19,526.17). 63.72% of the stock is currently owned by corporate insiders.

About Titon

Titon Holdings Plc, together with its subsidiaries, designs, manufactures, and markets ventilation products, and door and window fittings in the United Kingdom, South Korea, the United States, and Europe. The company offers a range of passive and powered ventilation products; and hardware for windows and doors, including handles, hinges, trickle vents and extract fans for house builders, electrical contractors, window and door manufacturers, and construction companies.