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The closing price of Torm Plc (NASDAQ: TRMD) was $20.94 for the day, down -0.71% from the previous closing price of $21.09. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 0.64 million shares were traded. TRMD stock price reached its highest trading level at $21.23 during the session, while it also had its lowest trading level at $20.77.
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 5.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.46. For the most recent quarter (mrq), Quick Ratio is recorded 2.24 and its Current Ratio is at 2.47. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.51.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2050541184 and an Enterprise Value of 2792888064. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.71, and their Forward P/E ratio for the next fiscal year is 3.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 1.701 whereas that against EBITDA is 3.242.
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 $20.69. The 50-Day Moving Average of the stock is -25.17%, while the 200-Day Moving Average is calculated to be -38.21%.
Shares Statistics:
TRMD traded an average of 1.12M shares per day over the past three months and 1470910 shares per day over the past ten days. A total of 85.73M shares are outstanding, with a floating share count of 52.23M. Insiders hold about 45.79% of the company’s shares, while institutions hold 65.30% stake in the company. Shares short for TRMD as of 1731628800 were 3480291 with a Short Ratio of 1.74, compared to 1728950400 on 1953860. Therefore, it implies a Short% of Shares Outstanding of 3480291 and a Short% of Float of 7.6799995999999995.
Dividends & Splits
With its trailing 12-month dividend rate of 5.86, TRMD has a forward annual dividend rate of 5.86. Against a Trailing Annual Dividend Yield of 0.2778568
