Topps Tiles (LON:TPT) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Topps Tiles Plc (LON:TPT) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 39.96 and traded as low as GBX 36.90. Topps Tiles shares last traded at GBX 37, with a volume of 220,415 shares trading hands.

Topps Tiles Stock Performance

The company has a debt-to-equity ratio of 1,433.83, a quick ratio of 0.37 and a current ratio of 0.97. The company has a market capitalization of £72.62 million, a P/E ratio of 12.29 and a beta of 0.89. The business’s fifty day simple moving average is GBX 38.06 and its 200-day simple moving average is GBX 39.96.

About Topps Tiles

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. It also sells its products online. The company was founded in 1963 and is headquartered in Leicester, the United Kingdom.