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The closing price of Torm Plc (NASDAQ: TRMD) was $21.97 for the day, down -3.98% from the previous closing price of $22.88. In other words, the price has decreased by -$3.98 from its previous closing price. On the day, 0.53 million shares were traded. TRMD stock price reached its highest trading level at $22.79 during the session, while it also had its lowest trading level at $21.97.
Ratios:
Our analysis of TRMD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.93. For the most recent quarter (mrq), Quick Ratio is recorded 2.07 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.36.
Upgrades & Downgrades
In the most recent recommendation for this company, H.C. Wainwright on April 12, 2022, initiated with a Buy rating and assigned the stock a target price of $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRMD now has a Market Capitalization of 2225967360 and an Enterprise Value of 2932339968. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.95, and their Forward P/E ratio for the next fiscal year is 11.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 2.269 whereas that against EBITDA is 5.585.
Stock Price History:
The Beta on a monthly basis for TRMD is -0.03, which has changed by 0.053892255 over the last 52 weeks, in comparison to a change of 0.116571546 over the same period for the S&P500. Over the past 52 weeks, TRMD has reached a high of $24.38, while it has fallen to a 52-week low of $13.60. The 50-Day Moving Average of the stock is 1.18%, while the 200-Day Moving Average is calculated to be 15.33%.
Shares Statistics:
TRMD traded an average of 623.51K shares per day over the past three months and 607060 shares per day over the past ten days. A total of 98.00M shares are outstanding, with a floating share count of 59.31M. Insiders hold about 41.46% of the company’s shares, while institutions hold 56.93% stake in the company. Shares short for TRMD as of 1761868800 were 1271630 with a Short Ratio of 2.04, compared to 1759190400 on 2031171. Therefore, it implies a Short% of Shares Outstanding of 1271630 and a Short% of Float of 2.22.
