Topps Tiles (LON:TPT) Reaches New 1-Year Low – Should You Sell?

Topps Tiles Plc (LON:TPTGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 33 ($0.42) and last traded at GBX 36.50 ($0.46), with a volume of 385797 shares changing hands. The stock had previously closed at GBX 35 ($0.44).

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on TPT shares. Canaccord Genuity Group restated 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. Canaccord Genuity Group restated 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.

Read Our Latest Report on TPT

Topps Tiles Stock Performance

The company’s 50-day moving average price is GBX 37.51 and its two-hundred day moving average price is GBX 41.44. The company has a debt-to-equity ratio of 1,807.72, a quick ratio of 0.37 and a current ratio of 1.04. The stock has a market cap of £71.79 million, a PE ratio of 135.63 and a beta of 1.45.

Topps Tiles (LON:TPTGet Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The company reported GBX 2.39 ($0.03) earnings per share for the quarter. Topps Tiles had a net margin of 0.21% and a return on equity of 4.82%. On average, equities research analysts forecast that Topps Tiles Plc will post 4.0687161 EPS for the current year.

Topps Tiles Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, January 30th. Investors of record on Thursday, December 19th were given a GBX 1.20 ($0.02) dividend. This represents a yield of 3.04%. The ex-dividend date was Thursday, December 19th. Topps Tiles’s payout ratio is presently 1,486.39%.

About Topps Tiles

(Get Free Report)

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.

Further Reading

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