For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of TRX Gold Corp (AMEX: TRX) closed at $0.32 in the last session, down -4.39% from day before closing price of $0.33. In other words, the price has decreased by -$4.39 from its previous closing price. On the day, 0.84 million shares were traded. TRX stock price reached its highest trading level at $0.3304 during the session, while it also had its lowest trading level at $0.3121.
Ratios:
We take a closer look at TRX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.79. 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 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 90337744. As of this moment, TRX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.53, and their Forward P/E ratio for the next fiscal year is 2.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 1.58.
Stock Price History:
The Beta on a monthly basis for TRX is 0.36, which has changed by -0.08333331 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, TRX has reached a high of $0.49, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -7.76%, while the 200-Day Moving Average is calculated to be -21.08%.
Shares Statistics:
According to the various share statistics, TRX traded on average about 488.91K shares per day over the past 3-months and 438590 shares per day over the past 10 days. A total of 280.71M shares are outstanding, with a floating share count of 273.16M. Insiders hold about 2.51% of the company’s shares, while institutions hold 1.61% stake in the company. Shares short for TRX as of 1731628800 were 375602 with a Short Ratio of 0.73, compared to 1728950400 on 228927. Therefore, it implies a Short% of Shares Outstanding of 375602 and a Short% of Float of 0.13999999999999999.
