Titon (LON:TON) Trading Up 1.3% – Here’s Why

Titon Holdings Plc (LON:TON)’s stock price shot up 1.3% during trading on Tuesday . The company traded as high as GBX 81.40 ($1.03) and last traded at GBX 80 ($1.01). 3,896 shares traded hands during trading, a decline of 66% from the average session volume of 11,342 shares. The stock had previously closed at GBX 79 ($1.00).

Wall Street Analysts Forecast Growth

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

Titon Stock Up 1.3 %

The firm’s 50 day moving average is GBX 72.89 and its 200-day moving average is GBX 72.19. The firm has a market cap of £9 million, a PE ratio of -888.89 and a beta of 0.21. The company has a quick ratio of 1.83, a current ratio of 2.92 and a debt-to-equity ratio of 3.51.

Insider Activity at Titon

In related news, insider Jeff Ward purchased 20,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The stock was purchased at an average price of GBX 75 ($0.95) per share, with a total value of £15,000 ($19,006.59). Insiders own 63.72% of the company’s stock.

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.