Tyman (LON:TYMN) Stock Price Crosses Above Two Hundred Day Moving Average of $325.37

Tyman plc (LON:TYMN) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 325.37 ($4.12) and traded as high as GBX 363 ($4.59). Tyman shares last traded at GBX 360.50 ($4.56), with a volume of 639,974 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Berenberg Bank restated a “buy” rating and issued a GBX 360 ($4.55) target price on shares of Tyman in a research report on Thursday, March 7th. Jefferies Financial Group cut Tyman to a “hold” rating and set a GBX 400 ($5.06) price target for the company. in a report on Friday, May 3rd.

Tyman Stock Performance

The company has a debt-to-equity ratio of 44.08, a current ratio of 1.64 and a quick ratio of 1.16. The stock has a market cap of £702.67 million, a price-to-earnings ratio of 1,897.37, a PEG ratio of 0.88 and a beta of 1.39. The firm has a fifty day moving average of GBX 368.14 and a 200 day moving average of GBX 325.37.

Insider Activity at Tyman

In related news, insider Jason Ashton sold 13,318 shares of the stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of GBX 366 ($4.63), for a total value of £48,743.88 ($61,654.29). Insiders own 3.05% of the company’s stock.

About Tyman

Tyman plc designs, manufactures, and supplies engineered fenestration components and access solutions to the construction industry. It operates through three divisions: Tyman North America, Tyman UK & Ireland, and Tyman International. The Tyman North America division offers single and multipoint locking systems, decorative handle trim sets, and precision rollers; operators, tie bar/locks, and hinges for casement and awning applications; hardware for sliding and hung windows; and locks/keepers, integrated tilt latches, rollers, balance systems, seals, and extruded profiles for hung and sliding window applications, as well as various specialty access and safety products, including smoke vents, roof access hatches, floor access doors, and ladder posts.