Titon (LON:TON) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Titon Holdings Plc (LON:TON)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-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 traded.

Analysts Set New Price Targets

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

Titon Trading Up 0.6 %

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

Insider Activity

In other Titon news, insider Jeff Ward acquired 20,000 shares of the stock in a transaction on Monday, October 28th. The stock was acquired at an average price of GBX 75 ($0.92) per share, for a total transaction of £15,000 ($18,315.02). Company insiders own 63.72% of the company’s stock.

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 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.