For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $5.03 in the prior trading day, Trinseo PLC (NYSE: TSE) closed at $4.64, down -7.75%. In other words, the price has decreased by -$7.75 from its previous closing price. On the day, 0.45 million shares were traded. TSE stock price reached its highest trading level at $4.9813 during the session, while it also had its lowest trading level at $4.61.
Ratios:
Our goal is to gain a better understanding of TSE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.38.
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 the company, Jefferies on October 04, 2023, Downgraded its rating to Hold and sets its target price to $9 from $22 previously.
On August 11, 2022, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $42 to $34.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 16 ’24 when COTE JEFFREY J bought 100,000 shares for $2.81 per share. The transaction valued at 281,000 led to the insider holds 100,000 shares of the business.
COTE JEFFREY J bought 50,600 shares of TSE for $171,534 on Aug 19 ’24. The Director now owns 150,600 shares after completing the transaction at $3.39 per share. On Aug 13 ’24, another insider, TOMKINS MARK E, who serves as the Director of the company, sold 11,142 shares for $2.54 each. As a result, the insider received 28,301 and left with 46,724 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, TSE now has a Market Capitalization of 164263888 and an Enterprise Value of 2466063872. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05. Its current Enterprise Value per Revenue stands at 0.699 whereas that against EBITDA is 13.096.
Stock Price History:
Over the past 52 weeks, TSE has reached a high of $7.49, while it has fallen to a 52-week low of $1.93. The 50-Day Moving Average of the stock is 1.49%, while the 200-Day Moving Average is calculated to be 21.46%.
Shares Statistics:
The stock has traded on average 396.82K shares per day over the past 3-months and 302700 shares per day over the last 10 days, according to various share statistics. A total of 35.40M shares are outstanding, with a floating share count of 33.39M. Insiders hold about 5.67% of the company’s shares, while institutions hold 73.64% stake in the company. Shares short for TSE as of 1734048000 were 1055374 with a Short Ratio of 2.66, compared to 1731628800 on 902273. Therefore, it implies a Short% of Shares Outstanding of 1055374 and a Short% of Float of 3.8599998.
Dividends & Splits
In the trailing 12 months, TSE’s forward annual dividend rate was 0.04, compared to 0.03 this year. Against a Trailing Annual Dividend Yield of 0.007952286The stock’s 5-year Average Dividend Yield is 4.07.
