Stock Surge: Tronox Holdings plc (TROX) Closes at 12.15, Marking a -1.78 Increase/Decrease

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In the latest session, Tronox Holdings plc (NYSE: TROX) closed at $12.15 down -1.78% from its previous closing price of $12.37. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 0.83 million shares were traded. TROX stock price reached its highest trading level at $12.49 during the session, while it also had its lowest trading level at $12.0819.

Ratios:

For a deeper understanding of Tronox Holdings plc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 1.52.

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, Mizuho on June 07, 2024, initiated with a Neutral rating and assigned the stock a target price of $22.

On December 18, 2023, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $11 to $18.

JP Morgan Downgraded its Overweight to Neutral on October 27, 2023, whereas the target price for the stock was revised from $16 to $11.

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 Mar 06 ’24 when Engle Jeffrey A. sold 12,050 shares for $14.95 per share. The transaction valued at 180,091 led to the insider holds 98,409 shares of the business.

Flood Jonathan sold 5,350 shares of TROX for $79,925 on Mar 06 ’24. The Principal Accounting Officer now owns 37,555 shares after completing the transaction at $14.94 per share. On Mar 06 ’24, another insider, Neuman Jeffrey N, who serves as the SVP, General Counsel & Sec. of the company, sold 23,500 shares for $14.95 each. As a result, the insider received 351,250 and left with 260,212 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, TROX now has a Market Capitalization of 1918727936 and an Enterprise Value of 4653722112. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 1.582 whereas that against EBITDA is 10.723.

Stock Price History:

Over the past 52 weeks, TROX has reached a high of $20.70, while it has fallen to a 52-week low of $10.08. The 50-Day Moving Average of the stock is -17.73%, while the 200-Day Moving Average is calculated to be -21.95%.

Shares Statistics:

For the past three months, TROX has traded an average of 1.12M shares per day and 778710 over the past ten days. A total of 156.79M shares are outstanding, with a floating share count of 117.29M. Insiders hold about 25.73% of the company’s shares, while institutions hold 76.38% stake in the company. Shares short for TROX as of 1723680000 were 4212143 with a Short Ratio of 3.77, compared to 1721001600 on 5812929. Therefore, it implies a Short% of Shares Outstanding of 4212143 and a Short% of Float of 4.4699997.

Dividends & Splits

According to the company, the forward annual dividend rate for TROX is 0.50, from 0.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.040420372The stock’s 5-year Average Dividend Yield is 2.74.

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