Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, TRX Gold Corp (AMEX: TRX) closed at $0.63 down -1.74% from its previous closing price of $0.64. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 0.91 million shares were traded. TRX stock price reached its highest trading level at $0.637 during the session, while it also had its lowest trading level at $0.6151.
Ratios:
For a deeper understanding of TRX Gold Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2526.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. 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 180060672. As of this moment, TRX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 480.92, and their Forward P/E ratio for the next fiscal year is 15.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.71 while its Price-to-Book (P/B) ratio in mrq is 3.23.
Stock Price History:
The Beta on a monthly basis for TRX is 0.31, which has changed by 0.65789473 over the last 52 weeks, in comparison to a change of 0.19736934 over the same period for the S&P500. Over the past 52 weeks, TRX has reached a high of $0.85, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 7.27%, while the 200-Day Moving Average is calculated to be 60.31%.
Shares Statistics:
For the past three months, TRX has traded an average of 1.92M shares per day and 1561730 over the past ten days. A total of 282.88M shares are outstanding, with a floating share count of 278.00M. Insiders hold about 1.72% of the company’s shares, while institutions hold 2.12% stake in the company. Shares short for TRX as of 1760486400 were 2948180 with a Short Ratio of 1.54, compared to 1757894400 on 747481. Therefore, it implies a Short% of Shares Outstanding of 2948180 and a Short% of Float of 1.06.
Earnings Estimates
A detailed examination of TRX Gold Corp (TRX) is currently in progress, with 3.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.02 and $0.01 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.05, with 4.0 analysts recommending between $0.06 and $0.03.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $24.15M this quarter.It ranges from a high estimate of $32.61M to a low estimate of $16.54M. As of . The current estimate, TRX Gold Corp’s year-ago sales were $19.08MFor the next quarter, 3 analysts are estimating revenue of $22.7M. There is a high estimate of $25.47M for the next quarter, whereas the lowest estimate is $19.3M.
A total of 4 analysts have provided revenue estimates for TRX’s current fiscal year. The highest revenue estimate was $80.21M, while the lowest revenue estimate was $63.4M, resulting in an average revenue estimate of $70.28M. In the same quarter a year ago, actual revenue was $57.66MBased on 4 analysts’ estimates, the company’s revenue will be $97.04M in the next fiscal year. The high estimate is $102.03M and the low estimate is $92.34M.
