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Topps Tiles (LON:TPT) Hits New 52-Week Low - What's Next?

Topps Tiles logo with Consumer Cyclical background

Topps Tiles Plc (LON:TPT - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 38 ($0.48) and last traded at GBX 40.90 ($0.51), with a volume of 49939 shares changing hands. The stock had previously closed at GBX 38.80 ($0.49).

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Canaccord Genuity Group reissued a "hold" rating and issued a GBX 42 ($0.53) target price on shares of Topps Tiles in a report on Wednesday, December 4th. Canaccord Genuity Group reaffirmed a "hold" rating and set a GBX 42 ($0.53) price target on shares of Topps Tiles in a research report on Wednesday, December 4th.

Get Our Latest Analysis on TPT

Topps Tiles Trading Up 5.4 %

The stock has a 50-day moving average price of GBX 40.73 and a two-hundred day moving average price of GBX 42.75. The stock has a market capitalization of £80.43 million, a PE 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 declared a dividend, which will be paid on Thursday, January 30th. Shareholders of record on Thursday, December 19th will be given a GBX 1.20 ($0.02) dividend. The ex-dividend date is Thursday, December 19th. This represents a dividend yield of 3.04%.

About Topps Tiles

(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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