Titan International, Inc (NYSE: TWI) Share Price Fall Recently, Although Trouble Is Still On The Horizon

Titan International, Inc (NYSE:TWI) traded at $8.85 at close of the session on Monday, March 10 and made a downward move of -1.45% on its previous day’s price.

Titan International, Inc has a market cap of $559.30 million and is expected to release its quarterly earnings report in April.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 462.78M, with a low of 461.93M and a high of 463.63M. The median projection represents growth adding up to -4.03% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 1.86B, or 0.53% up from figures reported last year.

On the other hand, looking at the outlook for the TWI stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.

Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Titan International, Inc (TWI) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 2.16% off its SMA20 and 10.03% from its 50-day simple moving average. The RSI (14) is pointing at 55.23 while the volatility over the past week is 6.79% and jumps to 6.51% over the past one month. The beta value is 1.65, while the average true range (ATR) is currently pointing at 0.56.

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