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Topps Tiles (LON:TPT) Sets New 1-Year Low - Here's Why

Topps Tiles logo with Consumer Cyclical background

Topps Tiles Plc (LON:TPT - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 37.20 ($0.47) and last traded at GBX 37.50 ($0.47), with a volume of 410164 shares. The stock had previously closed at GBX 38.10 ($0.48).

Analyst Ratings Changes

A number of research firms have issued reports on TPT. Canaccord Genuity Group reiterated a "hold" rating and set a GBX 42 ($0.53) target price on shares of Topps Tiles in a report on Wednesday, December 4th. Canaccord Genuity Group reiterated a "hold" rating and set a GBX 42 ($0.53) target price on shares of Topps Tiles in a report on Wednesday, December 4th.

Check Out Our Latest Analysis on Topps Tiles

Topps Tiles Stock Performance

The stock has a fifty day simple moving average of GBX 40.30 and a 200-day simple moving average of GBX 42.62. The stock has a market cap of £73.75 million, a P/E ratio of 2,195.00 and a beta of 1.45. The company has a debt-to-equity ratio of 452.83, a quick ratio of 0.37 and a current ratio of 0.89.

Topps Tiles Announces Dividend

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

Topps Tiles Company Profile

(Get Free Report)

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.

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