Titan International, Inc (TWI) is gearing up for another turning point as it hit the volume of 1.22 million

Titan International, Inc (NYSE: TWI) kicked off on Monday, down -5.88% from the previous trading day, before settling in for the closing price of $8.17. Over the past 52 weeks, TWI has traded in a range of $6.34-$15.33.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 4.91%. While this was happening, its average annual earnings per share was recorded -97.48%. With a float of $48.03 million, this company’s outstanding shares have now reached $71.18 million.

Considering the fact that the conglomerate employs 6900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 14.84%, operating margin of 4.16%, and the pretax margin is 1.6%.

Titan International, Inc (TWI) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Titan International, Inc is 23.93%, while institutional ownership is 73.67%. The most recent insider transaction that took place on Mar 25 ’24, was worth 31,050. In this transaction VP, Chief Accounting Officer of this company sold 2,500 shares at a rate of $12.42, taking the stock ownership to the 52,918 shares.

Titan International, Inc (TWI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -97.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to 80.77% growth over the previous five years of trading.

Titan International, Inc (NYSE: TWI) Trading Performance Indicators

Take a look at Titan International, Inc’s (TWI) current performance indicators. Last quarter, stock had a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28. Likewise, its price to free cash flow for the trailing twelve months is 5.17.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach 0.24 in one year’s time.

Technical Analysis of Titan International, Inc (TWI)

Compared to the last year’s volume of 0.55 million, its volume of 1.03 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.52%. Additionally, its Average True Range was 0.54.

During the past 100 days, Titan International, Inc’s (TWI) raw stochastic average was set at 44.43%, which indicates a significant increase from 33.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 132.12% in the past 14 days, which was higher than the 68.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.21, while its 200-day Moving Average is $8.67. Nevertheless, the first resistance level for the watch stands at $8.01 in the near term. At $8.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.50. If the price goes on to break the first support level at $7.52, it is likely to go to the next support level at $7.35. Should the price break the second support level, the third support level stands at $7.03.

Titan International, Inc (NYSE: TWI) Key Stats

The company with the Market Capitalisation of 518.55 million has total of 63,139K Shares Outstanding. Its annual sales at the moment are 1,822 M in contrast with the sum of 78,760 K annual income. Company’s last quarter sales were recorded 447,990 K and last quarter income was -18,250 K.