Topps Tiles (LON:TPT) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Topps Tiles Plc (LON:TPT)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 37.11 ($0.49) and traded as low as GBX 31.10 ($0.41). Topps Tiles shares last traded at GBX 33 ($0.44), with a volume of 37,228 shares.

Topps Tiles Trading Up 0.3 %

The company has a market capitalization of £64.91 million, a PE ratio of 122.63 and a beta of 1.45. The company has a quick ratio of 0.37, a current ratio of 1.04 and a debt-to-equity ratio of 1,807.72. The stock’s fifty day moving average price is GBX 32.52 and its two-hundred day moving average price is GBX 37.11.

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.