Titan International Inc. (DE) (NYSE:TWI) traded at a new 52-week high today of $11.40. Approximately 218,000 shares have changed hands today, as compared to an average 30-day volume of 480,000 shares.
Titan International Inc. (DE) share prices have moved between a 52-week high of $11.40 and a 52-week low of $1.05 and are now trading 908% above that low price at $10.58 per share.
There is potential upside of 2.9% for shares of Titan International Inc. (DE) based on a current price of $10.58 and an average consensus analyst price target of $10.89.
Titan International Inc is a manufacturer of wheels, tires, wheel and tire assemblies, and undercarriage systems and components for off-highway vehicles. The company operates through three segments namely Agricultural, Earthmoving/Construction, and Consumer. Geographically, business of the group can be seen in the United States, Brazil and other countries. Titan derives most of the revenue from Agricultural segment in which rims, wheels, tires and undercarriage systems and components are manufactured for use on various agricultural equipment, including tractors, combines, plows, planters and irrigation equipment, and are sold directly to original equipment manufacturers and to the aftermarket through independent distributors, equipment dealers and Titan’s own distribution centers.
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