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The closing price of Torm Plc (NASDAQ: TRMD) was $34.50 for the day, down -2.24% from the previous closing price of $35.29. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 1.05 million shares were traded. TRMD stock price reached its highest trading level at $34.68 during the session, while it also had its lowest trading level at $34.25.
Ratios:
Our analysis of TRMD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.71. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 3.18. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.53.
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, H.C. Wainwright on April 12, 2022, initiated with a Buy rating and assigned the stock a target price of $14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRMD now has a Market Capitalization of 3284361984 and an Enterprise Value of 3939800064. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.42, and their Forward P/E ratio for the next fiscal year is 5.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.02 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 2.421 whereas that against EBITDA is 4.624.
Stock Price History:
Over the past 52 weeks, TRMD has reached a high of $40.47, while it has fallen to a 52-week low of $25.28. The 50-Day Moving Average of the stock is -5.63%, while the 200-Day Moving Average is calculated to be -1.50%.
Shares Statistics:
TRMD traded an average of 635.34K shares per day over the past three months and 702600 shares per day over the past ten days. A total of 85.73M shares are outstanding, with a floating share count of 50.87M. Insiders hold about 46.52% of the company’s shares, while institutions hold 71.58% stake in the company. Shares short for TRMD as of 1724976000 were 2832203 with a Short Ratio of 4.46, compared to 1722384000 on 1603156. Therefore, it implies a Short% of Shares Outstanding of 2832203 and a Short% of Float of 6.52.
Dividends & Splits
With its trailing 12-month dividend rate of 6.12, TRMD has a forward annual dividend rate of 6.12. Against a Trailing Annual Dividend Yield of 0.17342022
