Topps Tiles (LON:TPT) Sets New 12-Month Low – Should You Sell?

Topps Tiles Plc (LON:TPT)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 33 ($0.42) and last traded at GBX 33.40 ($0.42), with a volume of 414058 shares changing hands. The stock had previously closed at GBX 34.50 ($0.44).

Wall Street Analyst Weigh In

TPT has been the subject of several research analyst reports. Canaccord Genuity Group reiterated a “hold” rating and set a GBX 42 ($0.53) target price on shares of Topps Tiles in a research report on Wednesday, December 4th. Canaccord Genuity Group reiterated a “hold” rating and set a GBX 42 ($0.53) price objective on shares of Topps Tiles in a research report on Wednesday, December 4th.

Topps Tiles Trading Down 3.2 %

The company has a debt-to-equity ratio of 1,807.72, a current ratio of 1.04 and a quick ratio of 0.37. The stock has a 50-day moving average price of GBX 37.01 and a two-hundred day moving average price of GBX 41.18. The stock has a market cap of £65.69 million, a PE ratio of 124.11 and a beta of 1.45.

Topps Tiles (LON:TPT) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX 2.39 ($0.03) earnings per share (EPS) for the quarter. Topps Tiles had a return on equity of 4.82% and a net margin of 0.21%. Sell-side analysts forecast that Topps Tiles Plc will post 4.0687161 earnings per share for the current fiscal year.

Topps Tiles Company Profile

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for residential and commercial markets in the United Kingdom. The company engages in the property management and investment activities; retail and wholesale of wood flooring products; provision of warehousing services; and sale and distribution of architectural ceramic.