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As of close of business last night, Trinseo PLC’s stock clocked out at $4.42, up 1.84% from its previous closing price of $4.34. In other words, the price has increased by $1.84 from its previous closing price. On the day, 0.52 million shares were traded. TSE stock price reached its highest trading level at $4.61 during the session, while it also had its lowest trading level at $4.395.
Ratios:
To gain a deeper understanding of TSE’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 156475520 and an Enterprise Value of 2458275328. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04. Its current Enterprise Value per Revenue stands at 0.697 whereas that against EBITDA is 13.055.
Stock Price History:
The Beta on a monthly basis for TSE is 1.55, which has changed by -0.21942449 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, TSE has reached a high of $7.05, while it has fallen to a 52-week low of $1.93. The 50-Day Moving Average of the stock is -2.57%, while the 200-Day Moving Average is calculated to be 15.27%.
Shares Statistics:
It appears that TSE traded 391.13K shares on average per day over the past three months and 284150 shares per day over the past ten days. A total of 35.40M shares are outstanding, with a floating share count of 33.42M. Insiders hold about 5.59% of the company’s shares, while institutions hold 73.64% stake in the company. Shares short for TSE as of 1735603200 were 929771 with a Short Ratio of 2.38, compared to 1732838400 on 1441610. Therefore, it implies a Short% of Shares Outstanding of 929771 and a Short% of Float of 3.4000000000000004.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, TSE has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.009216589The stock’s 5-year Average Dividend Yield is 4.07.
