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 $11.17 in the last session, up 1.36% from day before closing price of $11.02. In other words, the price has increased by $1.36 from its previous closing price. On the day, 0.58 million shares were traded. TWI stock price reached its highest trading level at $11.47 during the session, while it also had its lowest trading level at $10.99.
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 3.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.89.
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.
Guinn Max A sold 18,402 shares of TWI for $229,841 on Sep 18 ’23. The Director now owns 132,379 shares after completing the transaction at $12.49 per share. On Sep 15 ’23, another insider, Guinn Max A, who serves as the Director of the company, sold 1,598 shares for $12.60 each. As a result, the insider received 20,135 and left with 150,781 shares of the company.
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 813965760 and an Enterprise Value of 895853888. As of this moment, Titan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.99, and their Forward P/E ratio for the next fiscal year is 6.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 0.492 whereas that against EBITDA is 4.7.
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 $9.54. The 50-Day Moving Average of the stock is -10.30%, while the 200-Day Moving Average is calculated to be -13.85%.
Shares Statistics:
According to the various share statistics, TWI traded on average about 289.09K shares per day over the past 3-months and 321100 shares per day over the past 10 days. A total of 60.72M shares are outstanding, with a floating share count of 49.33M. Insiders hold about 32.30% of the company’s shares, while institutions hold 61.23% stake in the company. Shares short for TWI as of 1713139200 were 2381980 with a Short Ratio of 8.24, compared to 1710460800 on 2400057. Therefore, it implies a Short% of Shares Outstanding of 2381980 and a Short% of Float of 4.5700002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.4.
