Titon (LON:TON) Releases Quarterly Earnings Results

Titon (LON:TON) announced its quarterly earnings results on Thursday. The company reported GBX (17.41) (($0.21)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Titon had a negative net margin of 5.06% and a negative return on equity of 8.27%.

Titon Trading Down 3.2 %

Titon stock opened at GBX 75 ($0.92) on Thursday. Titon has a 52 week low of GBX 60 ($0.74) and a 52 week high of GBX 90 ($1.11). 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 firm has a market capitalization of £8.44 million, a PE ratio of -833.33 and a beta of 0.21. The business’s 50-day simple moving average is GBX 79.49 and its 200-day simple moving average is GBX 72.92.

Insider Buying and Selling at Titon

In related news, insider Jeff Ward acquired 20,000 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were bought at an average cost of GBX 75 ($0.92) per share, with a total value of £15,000 ($18,466.08). Insiders own 63.72% of the company’s stock.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Titon in a research report on Thursday.

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.