Topps Tiles (LON:TPT) Given "Hold" Rating at Canaccord Genuity Group

Canaccord Genuity Group reissued their hold rating on shares of Topps Tiles (LON:TPT - Free Report) in a research report released on Wednesday, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 42 ($0.53) price target on the stock.

Topps Tiles Price Performance

Shares of LON TPT traded up GBX 0.10 ($0.00) during mid-day trading on Wednesday, hitting GBX 40 ($0.51). 134,763 shares of the stock traded hands, compared to its average volume of 203,637. The company has a debt-to-equity ratio of 452.83, a current ratio of 0.89 and a quick ratio of 0.37. Topps Tiles has a twelve month low of GBX 38 ($0.48) and a twelve month high of GBX 56.65 ($0.72). The company has a market cap of £78.66 million, a PE ratio of 2,195.00 and a beta of 1.45. The firm has a 50 day simple moving average of GBX 42.24 and a two-hundred day simple moving average of GBX 43.26.

Topps Tiles Dividend Announcement

The business also recently announced a dividend, which will be paid on Thursday, January 30th. Investors of record on Thursday, December 19th will be given a dividend of GBX 1.20 ($0.02) per share. This represents a yield of 3.04%. The ex-dividend date is Thursday, December 19th.

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.