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After finishing at $0.34 in the prior trading day, TRX Gold Corp (AMEX: TRX) closed at $0.35, up 2.14%. In other words, the price has increased by $2.14 from its previous closing price. On the day, 0.59 million shares were traded. TRX stock price reached its highest trading level at $0.3568 during the session, while it also had its lowest trading level at $0.3411.
Ratios:
Our goal is to gain a better understanding of TRX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1422.38. 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 101270248. As of this moment, TRX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 270.75, and their Forward P/E ratio for the next fiscal year is 5.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 1.82.
Stock Price History:
The Beta on a monthly basis for TRX is 0.23, which has changed by -0.14634144 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, TRX has reached a high of $0.43, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 3.62%, while the 200-Day Moving Average is calculated to be 5.58%.
Shares Statistics:
The stock has traded on average 467.99K shares per day over the past 3-months and 734710 shares per day over the last 10 days, according to various share statistics. A total of 282.88M shares are outstanding, with a floating share count of 278.34M. Insiders hold about 1.61% of the company’s shares, while institutions hold 1.97% stake in the company. Shares short for TRX as of 1752537600 were 76563 with a Short Ratio of 0.16, compared to 1749772800 on 92574. Therefore, it implies a Short% of Shares Outstanding of 76563 and a Short% of Float of 0.029999999000000003.
