Topps Tiles (LON:TPT) Hits New 1-Year Low – Here’s What Happened

Topps Tiles Plc (LON:TPT)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 31 ($0.39) and last traded at GBX 31.10 ($0.40), with a volume of 207685 shares changing hands. The stock had previously closed at GBX 32.20 ($0.41).

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Canaccord Genuity Group reissued a “hold” rating and set a GBX 42 ($0.53) price target on shares of Topps Tiles in a research report on Wednesday, December 4th. Canaccord Genuity Group reiterated a “hold” rating and set a GBX 42 ($0.53) target price on shares of Topps Tiles in a report on Wednesday, December 4th.

Topps Tiles Trading Down 3.4 %

The company has a debt-to-equity ratio of 1,807.72, a quick ratio of 0.37 and a current ratio of 1.04. The stock has a market capitalization of £61.17 million, a P/E ratio of 115.57 and a beta of 1.45. The stock has a 50-day moving average price of GBX 36.39 and a two-hundred day moving average price of GBX 40.83.

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.