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

Titon Holdings Plc (LON:TON)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 79.56 ($0.97) and traded as low as GBX 78 ($0.95). Titon shares last traded at GBX 80.50 ($0.98), with a volume of 18,246 shares trading hands.

Analyst Ratings Changes

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

Titon Stock Up 0.6 %

The company has a debt-to-equity ratio of 3.51, a quick ratio of 1.83 and a current ratio of 2.92. The company has a market cap of £9.06 million, a P/E ratio of -894.44 and a beta of 0.21. The firm’s 50 day moving average price is GBX 79.56 and its two-hundred day moving average price is GBX 72.96.

Insider Transactions at Titon

In other news, insider Jeff Ward bought 20,000 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were bought at an average price of GBX 75 ($0.92) per share, for a total transaction of £15,000 ($18,315.02). 63.72% of the stock is currently owned by company insiders.

Titon Company Profile

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.