Topps Tiles (LON:TPT) Given Hold Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their hold rating on shares of Topps Tiles (LON:TPT) in a report issued on Wednesday morning, MarketBeat Ratings reports. They currently have a GBX 42 ($0.53) price target on the stock.

Topps Tiles Stock Performance

TPT opened at GBX 39.99 ($0.51) on Wednesday. The business’s 50 day moving average is GBX 42.14 and its 200-day moving average is GBX 43.24. The stock has a market cap of £78.64 million, a PE 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 has a twelve month low of GBX 38 ($0.48) and a twelve month high of GBX 56.65 ($0.72).

Topps Tiles Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, January 30th. Investors of record on Thursday, December 19th will be paid a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date of this dividend is Thursday, December 19th. This represents a dividend yield of 3.04%.

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.