Trading Day Triumph: Tronox Holdings plc (TROX) Ends at 17.79, a -2.20 Surge/Plunge

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Tronox Holdings plc (NYSE: TROX) closed the day trading at $17.79 down -2.20% from the previous closing price of $18.19. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 2.1 million shares were traded. TROX stock price reached its highest trading level at $18.05 during the session, while it also had its lowest trading level at $17.56.

Ratios:

For a better understanding of TROX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 3.12. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.53.

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:

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 Mar 06 ’24 when Turgeon Jean Francois sold 51,996 shares for $14.95 per share. The transaction valued at 777,085 led to the insider holds 735,647 shares of the business.

Romano John D sold 42,768 shares of TROX for $639,168 on Mar 06 ’24. The Co-CEO and Director now owns 942,171 shares after completing the transaction at $14.95 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 2807956224 and an Enterprise Value of 5608947200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 1.924 whereas that against EBITDA is 12.806.

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 -3.95%, while the 200-Day Moving Average is calculated to be 20.17%.

Shares Statistics:

Over the past 3-months, TROX traded about 1.00M shares per day on average, while over the past 10 days, TROX traded about 1015620 shares per day. A total of 156.79M shares are outstanding, with a floating share count of 117.23M. Insiders hold about 25.73% of the company’s shares, while institutions hold 74.85% stake in the company. Shares short for TROX as of 1715731200 were 7236320 with a Short Ratio of 5.97, compared to 1713139200 on 6635283. Therefore, it implies a Short% of Shares Outstanding of 7236320 and a Short% of Float of 7.6899999999999995.

Dividends & Splits

TROX’s forward annual dividend rate is 0.50, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.02748763The stock’s 5-year Average Dividend Yield is 2.66.

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