Market Momentum Report: Titan International, Inc (TWI)’s Positive Close at 7.02

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The price of Titan International, Inc (NYSE: TWI) closed at $7.02 in the last session, up 3.39% from day before closing price of $6.79. In other words, the price has increased by $3.39 from its previous closing price. On the day, 0.5 million shares were traded. TWI stock price reached its highest trading level at $7.02 during the session, while it also had its lowest trading level at $6.725.

Ratios:

We take a closer look at TWI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.57. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 443238592 and an Enterprise Value of 859558848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 0.464 whereas that against EBITDA is 6.682.

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 -2.42%, while the 200-Day Moving Average is calculated to be -15.82%.

Shares Statistics:

According to the various share statistics, TWI traded on average about 753.86K shares per day over the past 3-months and 974840 shares per day over the past 10 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 73.64% stake in the company. Shares short for TWI as of 1734048000 were 3825709 with a Short Ratio of 5.07, compared to 1731628800 on 3624927. Therefore, it implies a Short% of Shares Outstanding of 3825709 and a Short% of Float of 12.43.

Dividends & Splits

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

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