Market Insight: Titan International, Inc (TWI)’s Notable Drop, Closing at 7.69

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In the latest session, Titan International, Inc (NYSE: TWI) closed at $7.69 down -5.88% from its previous closing price of $8.17. In other words, the price has decreased by -$5.88 from its previous closing price. On the day, 1.22 million shares were traded. TWI stock price reached its highest trading level at $8.155 during the session, while it also had its lowest trading level at $7.665.

Ratios:

For a deeper understanding of Titan International, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.03.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on December 13, 2024, initiated with a Buy rating and assigned the stock a target price of $11.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 25 ’24 when Eheli Anthony sold 2,500 shares for $12.42 per share. The transaction valued at 31,050 led to the insider holds 52,918 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TWI now has a Market Capitalization of 485541984 and an Enterprise Value of 901862272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.487 whereas that against EBITDA is 7.01.

Stock Price History:

Over the past 52 weeks, TWI has reached a high of $15.33, while it has fallen to a 52-week low of $6.34. The 50-Day Moving Average of the stock is 6.67%, while the 200-Day Moving Average is calculated to be -11.30%.

Shares Statistics:

For the past three months, TWI has traded an average of 674.93K shares per day and 1220300 over the past ten days. A total of 71.18M shares are outstanding, with a floating share count of 48.03M. Insiders hold about 23.93% of the company’s shares, while institutions hold 73.67% stake in the company. Shares short for TWI as of 1732838400 were 4130742 with a Short Ratio of 6.12, compared to 1730332800 on 3263441. Therefore, it implies a Short% of Shares Outstanding of 4130742 and a Short% of Float of 13.420000000000002.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.4.

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