Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $16.48 in the prior trading day, Torm Plc (NASDAQ: TRMD) closed at $16.45, down -0.18%. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 0.57 million shares were traded. TRMD stock price reached its highest trading level at $16.555 during the session, while it also had its lowest trading level at $16.27.
Ratios:
Our goal is to gain a better understanding of TRMD 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 5.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.16. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1608125696 and an Enterprise Value of 2556125184. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.56, and their Forward P/E ratio for the next fiscal year is 5.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 1.639 whereas that against EBITDA is 3.208.
Stock Price History:
The Beta on a monthly basis for TRMD is 0.13, which has changed by -0.54558015 over the last 52 weeks, in comparison to a change of 0.08089435 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 $16.14. The 50-Day Moving Average of the stock is -12.73%, while the 200-Day Moving Average is calculated to be -40.04%.
Shares Statistics:
The stock has traded on average 1.12M shares per day over the past 3-months and 855470 shares per day over the last 10 days, according to various share statistics. A total of 97.81M shares are outstanding, with a floating share count of 53.63M. Insiders hold about 45.14% of the company’s shares, while institutions hold 62.12% stake in the company. Shares short for TRMD as of 1741910400 were 3885251 with a Short Ratio of 3.46, compared to 1739491200 on 5472262. Therefore, it implies a Short% of Shares Outstanding of 3885251 and a Short% of Float of 6.83.
