What’s in Topps Tiles Plc After Reaching 52-Week Low?

 What's in Topps Tiles Plc After Reaching 52 Week Low?

The stock of Topps Tiles Plc (LON:TPT) hit a new 52-week low and has GBX 81.00 target or 10.00% below today’s GBX 90.00 share price. The 6 months bearish chart indicates high risk for the GBX 172.82 million company. The 1-year low was reported on Nov, 4 by Barchart.com. If the GBX 81.00 price target is reached, the company will be worth GBX 17.28M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 1.91% or GBX 1.75 on November 4, hitting GBX 90. About 160,003 shares traded hands. Topps Tiles Plc (LON:TPT) has declined 38.02% since April 7, 2016 and is downtrending. It has underperformed by 39.11% the S&P500.

Topps Tiles Plc (LON:TPT) Ratings Coverage

Out of 4 analysts covering Topps Tiles PLC (LON:TPT), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Topps Tiles PLC has been the topic of 45 analyst reports since August 21, 2015 according to StockzIntelligence Inc. On Wednesday, April 6 the stock rating was maintained by Peel Hunt with “Buy”. The firm earned “Buy” rating on Tuesday, December 1 by Peel Hunt. The stock of Topps Tiles Plc (LON:TPT) has “Buy” rating given on Monday, October 12 by Liberum Capital. Liberum Capital maintained the stock with “Buy” rating in Tuesday, October 27 report. The stock of Topps Tiles Plc (LON:TPT) earned “Buy” rating by Liberum Capital on Tuesday, May 17. The stock of Topps Tiles Plc (LON:TPT) has “Hold” rating given on Friday, August 21 by Berenberg. The rating was maintained by Liberum Capital on Monday, September 7 with “Buy”. The rating was maintained by Cantor Fitzgerald with “Buy” on Wednesday, October 5. The stock of Topps Tiles Plc (LON:TPT) has “Buy” rating given on Tuesday, July 5 by Liberum Capital. The rating was maintained by Liberum Capital on Monday, January 11 with “Buy”.

More important recent Topps Tiles Plc (LON:TPT) news were published by: Uk.Finance.Yahoo.com which released: “Topps Tiles plc (TPT.L)” on March 29, 2014, also Fool.Co.Uk published article titled: “Should you buy Topps Tiles plc, EKF Diagnostics Holding plc and Low & Bonar …”, Fool.Co.Uk published: “Will Tesco plc, Topps Tiles plc & Safestyle UK plc beat the FTSE 100 this year?” on May 13, 2016. More interesting news about Topps Tiles Plc (LON:TPT) was released by: Fool.Co.Uk and their article: “Should You Buy Persimmon plc, Topps Tiles Plc Or Galliford Try plc For Housing …” with publication date: January 07, 2015.

Topps Tiles PLC is a United Kingdom retailer of tiles. The company has a market cap of 172.82 million GBP. The Company’s business focuses on wood flooring, and supplies tiles and associated accessories for refurbishment of domestic housing. It has a 12.47 P/E ratio. The Company’s principal activity includes the retail distribution of ceramic and porcelain tiles, natural stone, wood flooring and related products.

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