Titan International, Inc (TWI) is gearing up for another turning point as it hit the volume of 0.68 million

On Monday, Titan International, Inc (NYSE: TWI) was 3.36% up from the session before settling in for the closing price of $8.64. A 52-week range for TWI has been $6.34 – $14.73.

During the last 5-year period, the sales growth of Industrials Sector giant was 8.53%. When this article was written, the company’s average yearly earnings per share was at -97.69%. With a float of $48.02 million, this company’s outstanding shares have now reached $71.18 million.

Let’s determine the extent of company efficiency that accounts for 6900 employees. 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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Titan International, Inc stocks. The insider ownership of Titan International, Inc is 23.95%, while institutional ownership is 72.98%. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -97.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -29.10% 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

You can see what Titan International, Inc (TWI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30. Likewise, its price to free cash flow for the trailing twelve months is 5.62.

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 0.15 in one year’s time.

Technical Analysis of Titan International, Inc (TWI)

Looking closely at Titan International, Inc (NYSE: TWI), its last 5-days average volume was 0.63 million, which is a drop from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 51.44%. Additionally, its Average True Range was 0.36.

During the past 100 days, Titan International, Inc’s (TWI) raw stochastic average was set at 85.08%, which indicates a significant decrease from 86.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.69% in the past 14 days, which was lower than the 68.27% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.59, while its 200-day Moving Average is $7.83. However, in the short run, Titan International, Inc’s stock first resistance to watch stands at $9.08. Second resistance stands at $9.24. The third major resistance level sits at $9.40. If the price goes on to break the first support level at $8.76, it is likely to go to the next support level at $8.60. Should the price break the second support level, the third support level stands at $8.44.

Titan International, Inc (NYSE: TWI) Key Stats

There are 63,139K outstanding shares of the company, which has a market capitalization of 563.83 million. As of now, sales total 1,822 M while income totals 78,760 K. Its latest quarter income was 447,990 K while its last quarter net income were -18,250 K.