Topps Tiles (LON:TPT) Share Price Crosses Below 200 Day Moving Average - Time to Sell?

Key Points

• Topps Tiles shares fell below their 200-day moving average, trading as low as GBX 34 ($0.45) while last closing at GBX 36 ($0.48).
• The company has reported a debt-to-equity ratio of 1,807.72, indicating a high level of debt compared to equity, with a market cap of £74.89 million.
• In their latest earnings report, Topps Tiles showed a return on equity of 4.82% and a very modest net margin of 0.21% for the quarter.

Topps Tiles Plc (LON:TPT - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 34.87 ($0.47) and traded as low as GBX 34 ($0.46). Topps Tiles shares last traded at GBX 36 ($0.48), with a volume of 347,843 shares.

Topps Tiles Stock Performance

The stock has a market capitalization of £74.15 million, a PE ratio of 140.09 and a beta of 1.45. The business has a 50 day moving average price of GBX 37.21 and a 200 day moving average price of GBX 34.97. 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.

Topps Tiles (LON:TPT - Get Free Report) last released its earnings results on Tuesday, May 20th. The company reported GBX 1.12 ($0.02) EPS for the quarter. Topps Tiles had a return on equity of 4.82% and a net margin of 0.21%. As a group, equities research analysts expect that Topps Tiles Plc will post 4.0687161 earnings per share for the current year.

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.