Topps Tiles (LON:TPT) Stock Price Passes Above 200 Day Moving Average of $43.58

Topps Tiles Plc (LON:TPT)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 43.58 ($0.58) and traded as high as GBX 47 ($0.62). Topps Tiles shares last traded at GBX 46.30 ($0.61), with a volume of 138,280 shares.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “hold” rating and set a GBX 42 ($0.55) price target on shares of Topps Tiles in a report on Monday, July 8th.

Topps Tiles Price Performance

The stock has a 50 day moving average of GBX 45.02 and a 200-day moving average of GBX 43.59. The stock has a market capitalization of £88.50 million, a P/E ratio of 2,195.00 and a beta of 1.45. The company has a current ratio of 0.89, a quick ratio of 0.37 and a debt-to-equity ratio of 452.83.

Topps Tiles Company Profile

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.