Titan International, Inc (TWI)’s latest performance is not what we had anticipated

MAXR

Titan International, Inc (NYSE: TWI) kicked off on Tuesday, down -6.14% from the previous trading day, before settling in for the closing price of $6.68. Over the past 52 weeks, TWI has traded in a range of $5.93-$12.51.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 7.09%. While this was happening, its average annual earnings per share was recorded -0.96%. With a float of $47.84 million, this company’s outstanding shares have now reached $63.14 million.

The extent of productivity of a business whose workforce counts for 8303 workers is very important to gauge. In terms of profitability, gross margin is 13.97%, operating margin of 2.13%, and the pretax margin is 0.45%.

Titan International, Inc (TWI) Insider Updates

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 24.31%, while institutional ownership is 72.70%.

Titan International, Inc (TWI) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -0.96% per share during the next fiscal year.

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 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21. Likewise, its price to free cash flow for the trailing twelve months is 5.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.63 in one year’s time.

Technical Analysis of Titan International, Inc (TWI)

The latest stats from [Titan International, Inc, TWI] show that its last 5-days average volume of 1.07 million was superior to 0.82 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 17.64%. Additionally, its Average True Range was 0.59.

During the past 100 days, Titan International, Inc’s (TWI) raw stochastic average was set at 9.19%, which indicates a significant decrease from 10.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.44% in the past 14 days, which was higher than the 74.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.45, while its 200-day Moving Average is $7.75. Now, the first resistance to watch is $6.80. This is followed by the second major resistance level at $7.32. The third major resistance level sits at $7.64. If the price goes on to break the first support level at $5.95, it is likely to go to the next support level at $5.63. Assuming the price breaks the second support level, the third support level stands at $5.11.

Titan International, Inc (NYSE: TWI) Key Stats

The company with the Market Capitalisation of 396.25 million has total of 63,198K Shares Outstanding. Its annual sales at the moment are 1,846 M in contrast with the sum of -5,560 K annual income. Company’s last quarter sales were recorded 383,570 K and last quarter income was 1,340 K.