Titan Machinery Inc (NASDAQ:TITN) currently has a daily average trading volume of 195.93K but it saw 173815 shares traded in last market. With a market cap of 323.76M USD, the company’s current market price of $14.00 came falling about -1.27 while comparing to the previous closing price of $14.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $28.29 and as low as $12.30. In the recent trading on the day, stock has struck highest price mark of $13.605 while lowest mark touched by it was $14.13.
Taking a look at 20-day trading activity of Titan Machinery Inc (TITN) gives us an average price of $14.20, while its current price level is -50.51% below from 52-week high level whereas it is 13.82% 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 $14.52 while that of 200 days or SMA-200 reads an average of $16.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.40% during that period while stretching the period over a month that increases to 4.56%. 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 46.25 which implies that the stock is in neutral territory.
Lake Street downgraded its recommendation for the stock as a “Hold” from “Buy” on August 15, 2024 while assigning a price target of $15. B. Riley Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $32 and $20.
Over the week, TITN’s stock price is moving -0.92% down while it is -6.54% when we observe its performance for the past one month. Year-to-date it is -0.92% down and over the past year, the stock is showing a downside performance of -49.82%.
Currently, Titan Machinery Inc’s total number of outstanding shares is 23.13M. Company’s return on investment (ROI) stands at 3.63% and return on equity (ROE) at 4.68%. It has a price to earnings ratio (P/E ratio) of 10.53. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 0.48 while price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is 1.61% on average.
