In the past week, TRTX stock has gone down by -2.75%, with a monthly decline of -3.51% and a quarterly surge of 14.51%. The volatility ratio for the week is 2.38%, and the volatility levels for the last 30 days are 2.90% for TPG RE Finance Trust Inc The simple moving average for the last 20 days is -3.64% for TRTX stock, with a simple moving average of 11.97% for the last 200 days.
Is It Worth Investing in TPG RE Finance Trust Inc (NYSE: TRTX) Right Now?
Additionally, the 36-month beta value for TRTX is 2.11. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for TRTX is 61.17M and currently, short sellers hold a 4.79% ratio of that float. The average trading volume of TRTX on April 12, 2024 was 693.97K shares.
TRTX) stock’s latest price update
The stock of TPG RE Finance Trust Inc (NYSE: TRTX) has decreased by -2.11 when compared to last closing price of 7.58. Despite this, the company has experienced a -2.75% fall in its stock price over the last five trading sessions. 24/7 Wall Street reported 2024-03-13 that The Modern Investment App For a Richer Tomorrow (Sponsored) Robinhood set out to democratize investing to individuals, and it’s not slowing down.
Analysts’ Opinion of TRTX
BofA Securities, on the other hand, stated in their research note that they expect to see TRTX reach a price target of $6.50. The rating they have provided for TRTX stocks is “Underperform” according to the report published on March 04th, 2024.
TRTX Trading at 6.70% from the 50-Day Moving Average
After a stumble in the market that brought TRTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.62% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares sank -2.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.67% upper at present.
During the last 5 trading sessions, TRTX fell by -2.88%, which changed the moving average for the period of 200-days by +0.41% in comparison to the 20-day moving average, which settled at $7.69. In addition, TPG RE Finance Trust Inc saw 14.15% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TRTX
Current profitability levels for the company are sitting at:
- 0.74 for the present operating margin
- 0.85 for the gross margin
The net margin for TPG RE Finance Trust Inc stands at -0.98. The total capital return value is set at 0.02. Equity return is now at value -9.67, with -2.42 for asset returns.
Based on TPG RE Finance Trust Inc (TRTX), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 3.78. The interest coverage ratio of the stock is 0.32.
Currently, EBITDA for the company is 2.6 million with net debt to EBITDA at -55.81. When we switch over and look at the enterprise to sales, we see a ratio of 28.7. The receivables turnover for the company is 1.2for trailing twelve months and the total asset turnover is 0.03.
Conclusion
In conclusion, TPG RE Finance Trust Inc (TRTX) has seen mixed 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
