Titan Logix (CVE:TLA) Stock Price Down 4.1%

Titan Logix Corp. (CVE:TLA)’s share price fell 4.1% during mid-day trading on Monday . The company traded as low as C$0.70 and last traded at C$0.70. 211,000 shares traded hands during trading, an increase of 839% from the average session volume of 22,464 shares. The stock had previously closed at C$0.73.

Titan Logix Trading Down 4.1 %

The company has a debt-to-equity ratio of 4.61, a quick ratio of 22.09 and a current ratio of 17.97. The firm has a fifty day moving average price of C$0.66 and a 200 day moving average price of C$0.55. The company has a market cap of C$19.98 million, a price-to-earnings ratio of -70.00 and a beta of 0.98.

Titan Logix (CVE:TLA) last issued its earnings results on Wednesday, July 17th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$1.93 million during the quarter. Titan Logix had a negative net margin of 5.75% and a negative return on equity of 2.32%.

Insider Transactions at Titan Logix

In other news, Director Grant Reeves bought 50,000 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were bought at an average price of C$0.65 per share, with a total value of C$32,500.00. In the last three months, insiders acquired 71,500 shares of company stock worth $47,240. 38.08% of the stock is owned by company insiders.

About Titan Logix

Titan Logix Corp. develops, manufactures, and markets technology fluid management solutions in Canada, the United States, and internationally. The company provides mobile liquid measurement solutions, such as pump, valve, and rack control. It also offers mobile monitoring systems and smart truck systems.