Company Shares of Titan Machinery Inc. Rally 1.35%
Post Date: 29 Jun 2015 Viewed: 330
Shares of Titan Machinery Inc. (NASDAQ:TITN) appreciated by 1.35% during the past week but lost 5.73% on a 4-week basis. The shares have outperformed the S&P 500 by 1.76% in the past week but underperformed the index by 5.46% in the last 4 weeks.
Currently the company Insiders own 4.9% of Titan Machinery, Inc. Company shares. In the past six months, there is a change of 0% in the total insider ownership. Institutional Investors own 88.3% of Company shares. During last 3 month period, -4.52% of total institutional ownership has changed in the company shares. The company shares have dropped 5.86% in the last 52 Weeks. On July 1, 2014 The shares registered a 52-week high of $16.73 and 52-week low was seen on December 10, 2014 at $10.69. The 50-day moving average is $14.44 and the 200 day moving average is recorded at $13.76. S&P 500 has rallied 7.73% during the last 52-weeks.
Shares of Titan Machinery Inc. (NASDAQ:TITN) ended Friday session in red amid volatile trading. The shares closed down 0.01 points or 0.07% at $14.98 with 303,068 shares getting traded. Post opening the session at $15.04, the shares hit an intraday low of $14.96 and an intraday high of $15.18 and the price vacillated in this range throughout the day. The company has a market cap of $320 million and the number of outstanding shares has been calculated to be 21,393,000 shares. The 52-week high of Titan Machinery Inc. (NASDAQ:TITN) is $16.73 and the 52-week low is $10.69.
Titan Machinery Inc. owns and operates a network of service agricultural and construction equipment stores in the United States and Europe. The Company operates in three segments: Agriculture, Construction and International. The agricultural equipment it sells and service includes machinery and attachments for uses ranging from large-scale farming to home and garden purposes. The construction equipment it sells and service includes heavy construction and light industrial machinery for commercial and residential construction, road and highway construction, and mining operations. Within its operating segments, the Company is engaged in four principal business activities: new and used equipment sales; parts sales; repair and maintenance services, and equipment rental and other activities.