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In the latest session, Torm Plc (NASDAQ: TRMD) closed at $17.25 down -5.40% from its previous closing price of $18.23. In other words, the price has decreased by -$5.40% from its previous closing price. On the day, 1.1 million shares were traded. TRMD stock price reached its highest trading level at $17.8379 during the session, while it also had its lowest trading level at $17.195.
Ratios:
For a deeper understanding of Torm Plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.73. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.55. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.48.
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.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 30 ’24 when OCM Njord Holdings S.a r.l. bought 3,528,866 shares for $34.19 per share.
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 1726172800 and an Enterprise Value of 2500461056. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.61, and their Forward P/E ratio for the next fiscal year is 6.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 1.731 whereas that against EBITDA is 3.709.
Stock Price History:
The Beta on a monthly basis for TRMD is 0.06, which has changed by -0.5510284 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, TRMD has reached a high of $40.47, while it has fallen to a 52-week low of $13.60. The 50-Day Moving Average of the stock is 1.91%, while the 200-Day Moving Average is calculated to be -19.97%.
Shares Statistics:
For the past three months, TRMD has traded an average of 840.78K shares per day and 940270 over the past ten days. A total of 97.80M shares are outstanding, with a floating share count of 57.07M. Insiders hold about 41.44% of the company’s shares, while institutions hold 60.35% stake in the company. Shares short for TRMD as of 1748563200 were 3361397 with a Short Ratio of 4.00, compared to 1745971200 on 4475450. Therefore, it implies a Short% of Shares Outstanding of 3361397 and a Short% of Float of 5.86.
Dividends & Splits
According to the company, the forward annual dividend rate for TRMD is 4.00, from 4.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.21941854
