Topps Tiles (LON:TPT) Hits New 1-Year Low at $38.00

Topps Tiles Plc (LON:TPT)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 38 ($0.48) and last traded at GBX 39.60 ($0.50), with a volume of 1300182 shares changing hands. The stock had previously closed at GBX 40.70 ($0.51).

Topps Tiles Price Performance

The company has a quick ratio of 0.37, a current ratio of 0.98 and a debt-to-equity ratio of 358.12. The firm’s fifty day moving average price is GBX 42.90 and its 200 day moving average price is GBX 44.43. The stock has a market cap of £77.88 million, a PE ratio of 2,035.00 and a beta of 1.38.

Topps Tiles Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 6th will be issued a GBX 1.20 ($0.02) dividend. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 2.77%. Topps Tiles’s dividend payout ratio (DPR) is 20,000.00%.

About Topps Tiles

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.