Notable News to Watch: Titan International (NYSE:TWI)
On Dec. 13, 2019, The Board of Directors of Titan International (NYSE:TWI) has approved a quarterly cash dividend of $.005 (one half cent) per common share for the fourth quarter of 2019. The cash dividend is payable Wednesday, January 15, 2020, to stockholders of record on Tuesday, December 31, 2019.
Titan International (NYSE:TWI) is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products. Headquartered in Quincy, Illinois, the company globally produces a broad range of products to meet the specifications of original equipment manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets.
On Friday Titan International (NYSE:TWI) started its trading session with the price $3.36 and closed at price of $3.14 by scoring -7.1%. Day range of the stock was $3.11 – $3.45. TWI stock traded with total volume of 485695 shares while the average trading capacity remained 371363 shares. Earnings per share was $-0.65. TWI has total market capitalization of $189304326.
Roy Frigo an avid economist and an expert on global politics and economic pressures that can affect market conditions. He has a Masters Degree in Economics from Westminster University with previous roles including Investment Banking.
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