Topps Tiles (LON:TPT) Stock Price Crosses Below 200-Day Moving Average of $70.54

Topps Tiles Plc (LON:TPT) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $70.54 and traded as low as $66.20. Topps Tiles shares last traded at $69.20, with a volume of 23,827 shares traded.

TPT has been the topic of a number of recent analyst reports. Peel Hunt reaffirmed a “buy” rating on shares of Topps Tiles in a report on Monday, July 15th. Liberum Capital reissued a “buy” rating on shares of Topps Tiles in a report on Wednesday, July 3rd. Finally, Peel Hunt restated a “buy” rating and set a GBX 100 ($1.31) price objective on shares of Topps Tiles in a research report on Wednesday, July 3rd.

The company has a quick ratio of 0.48, a current ratio of 1.24 and a debt-to-equity ratio of 113.84. The company has a market cap of $135.94 million and a P/E ratio of 16.09. The company has a fifty day moving average of GBX 65.65 and a 200 day moving average of GBX 70.55.

About Topps Tiles (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.

Read More: Support Level

Receive News & Ratings for Topps Tiles Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Topps Tiles and related companies with MarketBeat.com's FREE daily email newsletter.