Topps Tiles (LON:TPT) Shares Pass Below Two Hundred Day Moving Average of $0.00

Topps Tiles Plc (LON:TPT)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $67.00. Topps Tiles shares last traded at $67.40, with a volume of 79,409 shares traded.

Several research firms have recently commented on TPT. Peel Hunt restated a “hold” rating and issued a GBX 783 ($10.23) target price on shares of Ricardo in a research note on Monday, July 1st. Liberum Capital restated a “buy” rating and issued a GBX 810 ($10.58) target price on shares of in a research note on Wednesday, July 3rd.

The stock has a market cap of $132.40 million and a P/E ratio of 15.67. The company has a current ratio of 1.24, a quick ratio of 0.48 and a debt-to-equity ratio of 113.84. The company has a 50 day simple moving average of GBX 69.13.

The company also recently announced a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 6th will be paid a GBX 1.10 ($0.01) dividend. This represents a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, June 6th. Topps Tiles’s dividend payout ratio (DPR) is presently 0.70%.

Topps Tiles Company Profile (LON:TPT)

Topps Tiles Plc engages in the retail and wholesale distribution of ceramic and porcelain tiles, natural stone, and related products for homeowners and tile fitters in the United Kingdom. The company offers bathroom, kitchen, floor, wall, and mosaic tiles. It also provides adhesives and grouts; and tools and essentials, such as trims, underfloor heating products, cutters, tools and accessories, cleaning and maintenance products, underfloor heating products, and wet room products.

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