Titan International, Inc (NYSE: TWI) Recovers -4.02% From 52-Week Low, Is TWI Still A High-Risk, High-Reward Play?

Titan International, Inc (NYSE:TWI) currently has a daily average trading volume of 535.59K but it saw 1191537 shares traded in last market. With a market cap of 464.70M USD, the company’s current market price of $6.44 came falling about -12.50 while comparing to the previous closing price of $7.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.33 and as low as $6.71. In the recent trading on the day, stock has struck highest price mark of $6.335 while lowest mark touched by it was $7.05.

Taking a look at 20-day trading activity of Titan International, Inc (TWI) gives us an average price of $7.09, while its current price level is -57.99% below from 52-week high level whereas it is -4.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $7.69 while that of 200 days or SMA-200 reads an average of $9.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.39% during that period while stretching the period over a month that decreases to 4.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.92 which implies that the stock is in neutral territory.

Over the week, TWI’s stock price is moving -10.43% down while it is -17.01% when we observe its performance for the past one month. Year-to-date it is -56.72% down and over the past year, the stock is showing a downside performance of -43.31%.

Currently, Titan International, Inc’s total number of outstanding shares is 60.72M. Company’s return on investment (ROI) stands at 2.26% and return on equity (ROE) at 5.30%. It has a price to earnings ratio (P/E ratio) of 14.87 while having a 9.20 of forward P/E ratio. Stock’s beta reads 1.80. Stock has a price to book (P/B) ratio of 0.76 while price to sale or P/S ratio amounts to 0.26. Its return on asset (ROA) is 1.85% on average.