Titan Logix (CVE:TLA) Trading 14% Higher

Shares of Titan Logix Corp. (CVE:TLA) rose 14% on Tuesday . The stock traded as high as C$0.65 and last traded at C$0.65. Approximately 292,800 shares were traded during mid-day trading, an increase of 1,373% from the average daily volume of 19,873 shares. The stock had previously closed at C$0.57.

Titan Logix Stock Performance

The company has a quick ratio of 22.09, a current ratio of 17.97 and a debt-to-equity ratio of 4.61. The stock has a market capitalization of C$18.55 million, a P/E ratio of -65.00 and a beta of 0.98. The business has a fifty day moving average price of C$0.55 and a 200-day moving average price of C$0.51.

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

Insider Transactions at Titan Logix

In other news, Director Grant Reeves acquired 50,000 shares of Titan Logix stock in a transaction dated Tuesday, August 6th. The stock was purchased at an average cost of C$0.65 per share, with a total value of C$32,500.00. Insiders have purchased 55,000 shares of company stock valued at $35,250 over the last quarter. 38.00% of the stock is currently 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.