Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of TRX Gold Corp (AMEX: TRX) closed at $0.86 in the last session, down -0.72% from day before closing price of $0.86. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 1.4 million shares were traded. TRX stock price reached its highest trading level at $0.899 during the session, while it also had its lowest trading level at $0.8401.
Ratios:
We take a closer look at TRX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 79.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In the most recent recommendation for this company, Alliance Global Partners on February 16, 2021, initiated with a Buy rating and assigned the stock a target price of $1.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRX now has a Market Capitalization of 245921840. As of this moment, TRX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 329.62, and their Forward P/E ratio for the next fiscal year is 4.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.24 while its Price-to-Book (P/B) ratio in mrq is 4.26.
Stock Price History:
The Beta on a monthly basis for TRX is 0.28, which has changed by 1.8666666 over the last 52 weeks, in comparison to a change of 0.13329959 over the same period for the S&P500. Over the past 52 weeks, TRX has reached a high of $0.90, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 19.01%, while the 200-Day Moving Average is calculated to be 87.71%.
Shares Statistics:
According to the various share statistics, TRX traded on average about 2.12M shares per day over the past 3-months and 1993940 shares per day over the past 10 days. A total of 284.86M shares are outstanding, with a floating share count of 279.81M. Insiders hold about 1.77% of the company’s shares, while institutions hold 2.38% stake in the company. Shares short for TRX as of 1764288000 were 2149388 with a Short Ratio of 1.02, compared to 1761868800 on 2381835. Therefore, it implies a Short% of Shares Outstanding of 2149388 and a Short% of Float of 0.77.
Earnings Estimates
At present, 3.0 analysts are actively evaluating the performance of TRX Gold Corp (TRX) in the stock market.The consensus estimate for the next quarter is $0.02, with high estimates of $0.03 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.13 and $0.05 for the fiscal current year, implying an average EPS of $0.08.
Revenue Estimates
According to 3 analysts,. The current quarter’s revenue is expected to be $29.42M. It ranges from a high estimate of $35.07M to a low estimate of $19.3M. As of. The current estimate, TRX Gold Corp’s year-ago sales were $17.99MFor the next quarter, 3 analysts are estimating revenue of $38.48M. There is a high estimate of $39.13M for the next quarter, whereas the lowest estimate is $37.82M.
A total of 4 analysts have provided revenue estimates for TRX’s current fiscal year. The highest revenue estimate was $220.47M, while the lowest revenue estimate was $118.98M, resulting in an average revenue estimate of $161.45M. In the same quarter a year ago, actual revenue was $80.55M
