Stock NEWS Alert:- Titan International, Inc. (NYSE: TWI)

Titan International, Inc. (NYSE: TWI) reported latest change of 1.20% to $11.81 with the total traded volume of 660369 shares versus to an average volume of 265.66K. The stock was down in the 5 days activity -0.59%. The one month performance of stock was 2.70%. TWI shares are at -13.48% for the quarter and driving a -2.32% return over the course of the past year and is now at -8.31% since this point in 2018.

Right now TWI beta is 1.59. The average volatility for the week and month was at 2.60% 2.77% respectively. There are 60.43M shares outstanding and 57.51M shares are floated in market.

The Board of Directors of Titan International, Inc. (NYSE: TWI)  reported that they have named David A. Martin as the Company’s Senior Vice President and Chief Financial Officer effective June 14, 2018.  In such capacity, Mr. Martin assumed the additional role of the Company’s principal financial officer.  Mr. Martin will report directly to the Company’s President and Chief Executive Officer, Paul G. Reitz.

Prior to joining Titan, Mr. Martin served from 1993 to 2018 in various roles at Aegion Corporation, a global company with over $1.3 billion in annual revenue in 2017. Aegion Corporation is listed on the Nasdaq Global Select Market and is a technology/service provider maintaining, protecting and strengthening infrastructure, primarily pipelines. Mr. Martin’s roles included serving as the company’s Chief Financial Officer from 2007 to November 2017. Mr. Martin holds a B.S. in Accounting from the University of Tennessee and is a Certified Public Accountant.

Amy S. Evans, the Company’s Vice President and Chief Accounting Officer, has served as Titan’s Interim Chief Financial Officer since May 2, 2018. Ms. Evans will continue in her role as Vice President and Chief Accounting Officer and will continue as the Company’s principal accounting officer.

Shares of Titan International, Inc. have been recently spotted trading -18.72% off of the 52-week high price. On the other end, company shares have been noted 48.18% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 7.97 – 14.53. Switching over to some distances from popular moving averages, we see that the stock has been recorded 1.73% away from the 50 day moving average and 1.47% away from the 200 day moving average. Moving closer, we can see that shares have been trading -0.26% off of the 20-day moving average. 6300 employees work in the Company. It has market cap of $713.68M and dividend yield of 0.17%.

  • John Newcomb
    John Newcomb reports the business news across all market sectors. He has more than 10 years of experience in writing financial and business news. John also has a vast knowledge of stock trading. He holds an MBA degree from University of Florida. He has an experience in Journalism and Content Writing, love writing stories full of efficient language and accurate content. His articles are published on Seeking Alpha, The Street, and The Motley Fool. John has over 4 year experience as a news writer. Previously, he worked as a tech news reporter. Email Contact: John@stockdigest.info

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