Titon (LON:TON) Issues Quarterly Earnings Results

Titon (LON:TON) announced its earnings results on Thursday. The company reported GBX (17.41) (($0.22)) earnings per share 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 Price Performance

TON stock opened at GBX 77.50 ($0.97) on Friday. The firm’s 50-day moving average is GBX 79.38 and its two-hundred day moving average is GBX 72.90. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 3.51. The company has a market capitalization of £8.72 million, a price-to-earnings ratio of -861.11 and a beta of 0.21. Titon has a 52 week low of GBX 60 ($0.75) and a 52 week high of GBX 90 ($1.12).

Insider Activity at Titon

In other Titon news, insider Jeff Ward acquired 20,000 shares of the stock in a transaction dated Monday, October 28th. The shares were bought at an average price of GBX 75 ($0.94) per share, with a total value of £15,000 ($18,728.93). Company insiders own 63.72% of the company’s stock.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Titon in a 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.