Topps Tiles (LON:TPT) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened
by Jessica Moore · The Cerbat GemTopps Tiles Plc (LON:TPT – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 39.40 and traded as high as GBX 44.50. Topps Tiles shares last traded at GBX 43.30, with a volume of 160,558 shares changing hands.
Wall Street Analyst Weigh In
Separately, Peel Hunt reaffirmed a “buy” rating on shares of Topps Tiles in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 70.
Check Out Our Latest Research Report on Topps Tiles
Topps Tiles Trading Up 2.9%
The firm has a market cap of £84.99 million, a price-to-earnings ratio of 14.39 and a beta of 1.45. 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 firm’s fifty day moving average is GBX 43.80 and its 200-day moving average is GBX 39.40.
Topps Tiles (LON:TPT – Get Free Report) last issued its quarterly earnings results on Thursday, December 18th. The company reported GBX 3.43 EPS for the quarter. Topps Tiles had a net margin of 0.21% and a return on equity of 4.82%. Equities analysts anticipate that Topps Tiles Plc will post 4.0687161 earnings per share for the current year.
About Topps Tiles
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. It also sells its products online. The company was founded in 1963 and is headquartered in Leicester, the United Kingdom.