Titon (LON:TON) Posts Quarterly Earnings Results

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

Titon Stock Down 3.2 %

TON stock opened at GBX 75 ($0.92) on Thursday. Titon has a 12 month low of GBX 60 ($0.74) and a 12 month high of GBX 90 ($1.11). The company has a debt-to-equity ratio of 3.51, a current ratio of 2.92 and a quick ratio of 1.83. The company has a market cap of £8.44 million, a price-to-earnings ratio of -833.33 and a beta of 0.21. The company has a fifty day moving average price of GBX 79.49 and a 200 day moving average price of GBX 72.92.

Analysts Set New Price Targets

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

Insider Buying and Selling at Titon

In related news, insider Jeff Ward purchased 20,000 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was acquired at an average price of GBX 75 ($0.92) per share, for a total transaction of £15,000 ($18,466.08). 63.72% of the stock is currently owned by company insiders.

About Titon

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.