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The closing price of Tronox Holdings plc (NYSE: TROX) was $14.51 for the day, up 3.27% from the previous closing price of $14.05. In other words, the price has increased by $3.27 from its previous closing price. On the day, 1.28 million shares were traded. TROX stock price reached its highest trading level at $14.54 during the session, while it also had its lowest trading level at $14.01.
Ratios:
Our analysis of TROX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 1.52.
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, Mizuho on June 07, 2024, initiated with a Neutral rating and assigned the stock a target price of $22.
On December 18, 2023, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $11 to $18.
JP Morgan Downgraded its Overweight to Neutral on October 27, 2023, whereas the target price for the stock was revised from $16 to $11.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 06 ’24 when Engle Jeffrey A. sold 12,050 shares for $14.95 per share. The transaction valued at 180,091 led to the insider holds 98,409 shares of the business.
Flood Jonathan sold 5,350 shares of TROX for $79,925 on Mar 06 ’24. The Principal Accounting Officer now owns 37,555 shares after completing the transaction at $14.94 per share. On Mar 06 ’24, another insider, Neuman Jeffrey N, who serves as the SVP, General Counsel & Sec. of the company, sold 23,500 shares for $14.95 each. As a result, the insider received 351,250 and left with 260,212 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TROX now has a Market Capitalization of 2291419136 and an Enterprise Value of 5026412032. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 1.709 whereas that against EBITDA is 11.582.
Stock Price History:
Over the past 52 weeks, TROX has reached a high of $20.70, while it has fallen to a 52-week low of $10.08. The 50-Day Moving Average of the stock is 6.27%, while the 200-Day Moving Average is calculated to be -6.84%.
Shares Statistics:
TROX traded an average of 1.07M shares per day over the past three months and 1383310 shares per day over the past ten days. A total of 156.79M shares are outstanding, with a floating share count of 117.31M. Insiders hold about 25.72% of the company’s shares, while institutions hold 74.51% stake in the company. Shares short for TROX as of 1726185600 were 5949008 with a Short Ratio of 5.54, compared to 1723680000 on 4212143. Therefore, it implies a Short% of Shares Outstanding of 5949008 and a Short% of Float of 6.3100000000000005.
Dividends & Splits
With its trailing 12-month dividend rate of 0.5, TROX has a forward annual dividend rate of 0.50. Against a Trailing Annual Dividend Yield of 0.035587188The stock’s 5-year Average Dividend Yield is 2.76.
