The stock of Trinseo PLC (TSE) has seen a 0.00% decrease in the past week, with a -24.32% drop in the past month, and a -44.11% decrease in the past quarter. The volatility ratio for the week is 9.04%, and the volatility levels for the past 30 days are at 8.59% for TSE. The simple moving average for the last 20 days is -14.15% for TSE stock, with a simple moving average of -54.65% for the last 200 days.
Is It Worth Investing in Trinseo PLC (NYSE: TSE) Right Now?
Additionally, the 36-month beta value for TSE is 1.57. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for TSE is $16.67, which is $8.08 above the current price. The public float for TSE is 34.67M and currently, short sellers hold a 6.26% ratio of that float. The average trading volume of TSE on September 18, 2023 was 677.09K shares.
TSE) stock’s latest price update
The stock price of Trinseo PLC (NYSE: TSE) has plunged by -3.91 when compared to previous closing price of 8.94, Zacks Investment Research reported 2023-09-12 that The New Term Loan Facility of Trinseo (TSE) comprises a total new principal amount of $1.077 billion for net cash proceeds of $1.045 billion.
Analysts’ Opinion of TSE
Many brokerage firms have already submitted their reports for TSE stocks, with Deutsche Bank repeating the rating for TSE by listing it as a “Hold.” The predicted price for TSE in the upcoming period, according to Deutsche Bank is $34 based on the research report published on August 11, 2022 of the previous year 2022.
TSE Trading at -36.85% from the 50-Day Moving Average
After a stumble in the market that brought TSE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -71.87% of loss for the given period.
Volatility was left at 8.59%, however, over the last 30 days, the volatility rate increased by 9.04%, as shares sank -26.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.36% lower at present.
During the last 5 trading sessions, TSE remain unchanged, which changed the moving average for the period of 200-days by -63.24% in comparison to the 20-day moving average, which settled at $9.85. In addition, Trinseo PLC saw -62.18% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TSE starting from Desmond Jeanmarie F., who purchase 2,500 shares at the price of $7.94 back on Sep 13. After this action, Desmond Jeanmarie F. now owns 19,128 shares of Trinseo PLC, valued at $19,850 using the latest closing price.
Chaclas Angelo N., the SVP, CLO, CCO & CORP. SEC. of Trinseo PLC, purchase 20,000 shares at $8.07 during a trade that took place back on Sep 12, which means that Chaclas Angelo N. is holding 88,508 shares at $161,400 based on the most recent closing price.
Stock Fundamentals for TSE
Current profitability levels for the company are sitting at:
- -0.54 for the present operating margin
- +5.74 for the gross margin
The net margin for Trinseo PLC stands at -8.62. The total capital return value is set at -0.86, while invested capital returns managed to touch -13.87. Equity return is now at value -233.00, with -23.60 for asset returns.
Based on Trinseo PLC (TSE), the company’s capital structure generated 569.81 points at debt to equity in total, while total debt to capital is 85.07. Total debt to assets is 63.69, with long-term debt to equity ratio resting at 561.93. Finally, the long-term debt to capital ratio is 83.89.
When we switch over and look at the enterprise to sales, we see a ratio of 0.60, with the company’s debt to enterprise value settled at 0.80. The receivables turnover for the company is 7.50 and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.02.
Conclusion
In conclusion, Trinseo PLC (TSE) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
