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Tile Shop Hldgs (NASDAQ:TTSH) Trading Up 0.2% - Should You Buy?

Tile Shop Hldgs logo with Consumer Discretionary background
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Key Points

  • Tile Shop Hldgs shares rose 0.2% to $2.5241 in light trading, with volume down 96% versus the average session. The company has a market capitalization of about $99.9 million and trades below its 50-day and 200-day moving averages.
  • Institutional ownership stands at 36.66%, with Nomura, Vanguard, Geode Capital and JPMorgan among investors that recently increased their positions; Jane Street also initiated a stake.
  • Tile Shop operates specialty retail stores and an online platform selling ceramic, porcelain, glass and natural-stone tile, countertops and installation supplies for residential and commercial projects.
  • MarketBeat previews the top five stocks to own by October 1st.

Tile Shop Hldgs, Inc. (NASDAQ:TTSH - Get Free Report)'s share price was up 0.2% on Thursday . The company traded as high as $2.5241 and last traded at $2.5241. 920 shares were traded during mid-day trading, a decline of 96% from the average session volume of 24,549 shares. The stock had previously closed at $2.52.

Tile Shop Hldgs Price Performance

The stock has a market capitalization of $99.88 million, a P/E ratio of -63.10 and a beta of 1.05. The stock's 50-day simple moving average is $2.81 and its 200 day simple moving average is $2.96.

Institutional Investors Weigh In On Tile Shop Hldgs

A number of institutional investors have recently added to or reduced their stakes in the business. Nomura Holdings Inc. lifted its holdings in shares of Tile Shop Hldgs by 9.1% during the third quarter. Nomura Holdings Inc. now owns 898,339 shares of the company's stock worth $5,435,000 after purchasing an additional 74,898 shares during the period. Vanguard Group Inc. boosted its holdings in Tile Shop Hldgs by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,333,172 shares of the company's stock valued at $8,066,000 after acquiring an additional 20,901 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Tile Shop Hldgs during the first quarter worth $108,000. Geode Capital Management LLC raised its position in shares of Tile Shop Hldgs by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 616,205 shares of the company's stock worth $3,919,000 after acquiring an additional 10,866 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Tile Shop Hldgs by 23.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 35,631 shares of the company's stock worth $216,000 after buying an additional 6,756 shares during the period. 36.66% of the stock is owned by institutional investors.

Tile Shop Hldgs Company Profile

(Get Free Report)

Tile Shop Holdings, Inc is a specialty retailer focused on the sale of ceramic, porcelain, glass and natural stone tile, as well as related installation materials and countertop surfaces. Through its network of retail stores and online platform, the company offers an extensive selection of field tile, mosaics, decos, trim, thin porcelain panels and full-slab natural stone products. Tile Shop also stocks a range of installation accessories, including grouts, mortars, tools and maintenance supplies, enabling a one-stop solution for both residential and commercial projects.

Founded in 1984 and headquartered in Plymouth, Minnesota, Tile Shop went public in 2012 and trades on the NASDAQ under the ticker TTSH.

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