Moreover, the 36-month beta value for TSE is 1.59. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for TSE is 34.06M and currently, short sellers hold a 2.32% of that float. On August 14, 2024, TSE’s average trading volume was 619.85K shares.
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TSE) stock’s latest price update
The stock price of Trinseo PLC (NYSE: TSE) has surged by 11.72 when compared to previous closing price of 2.51, but the company has seen a 16.35% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-06 that Trinseo (TSE) came out with a quarterly loss of $1.46 per share versus the Zacks Consensus Estimate of a loss of $1.09. This compares to loss of $1.92 per share a year ago.
TSE’s Market Performance
Trinseo PLC (TSE) has seen a 16.35% rise in stock performance for the week, with a -3.31% decline in the past month and a -10.70% plunge in the past quarter. The volatility ratio for the week is 9.75%, and the volatility levels for the past 30 days are at 9.49% for TSE. The simple moving average for the last 20 days is 5.62% for TSE stock, with a simple moving average of -37.90% for the last 200 days.
Analysts’ Opinion of TSE
Many brokerage firms have already submitted their reports for TSE stocks, with Jefferies repeating the rating for TSE by listing it as a “Hold.” The predicted price for TSE in the upcoming period, according to Jefferies is $9 based on the research report published on October 04, 2023 of the previous year 2023.
Deutsche Bank, on the other hand, stated in their research note that they expect to see TSE reach a price target of $34, previously predicting the price at $42. The rating they have provided for TSE stocks is “Hold” according to the report published on August 11th, 2022.
Deutsche Bank gave a rating of “Buy” to TSE, setting the target price at $60 in the report published on March 30th of the previous year.
TSE Trading at 6.14% 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 -80.13% of loss for the given period.
Volatility was left at 9.49%, however, over the last 30 days, the volatility rate increased by 9.75%, as shares sank -2.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.06% lower at present.
During the last 5 trading sessions, TSE rose by +15.77%, which changed the moving average for the period of 200-days by -56.27% in comparison to the 20-day moving average, which settled at $2.65. In addition, Trinseo PLC saw -66.50% 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 BOZICH FRANK A, who purchase 40,000 shares at the price of $2.57 back on Aug 12 ’24. After this action, BOZICH FRANK A now owns 462,204 shares of Trinseo PLC, valued at $102,800 using the latest closing price.
Chaclas Angelo N., the SVP, CLO, CCO & CORP. SEC. of Trinseo PLC, purchase 75,000 shares at $2.57 during a trade that took place back on Aug 12 ’24, which means that Chaclas Angelo N. is holding 207,007 shares at $192,750 based on the most recent closing price.
Stock Fundamentals for TSE
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.05 for the gross margin
The net margin for Trinseo PLC stands at -0.13. The total capital return value is set at -0.03. Equity return is now at value -5162.41, with -14.40 for asset returns.
Based on Trinseo PLC (TSE), the company’s capital structure generated 1.22 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 -5.59. The interest coverage ratio of the stock is -0.32.
Currently, EBITDA for the company is 84.6 million with net debt to EBITDA at 21.63. When we switch over and look at the enterprise to sales, we see a ratio of 0.66. The receivables turnover for the company is 6.53for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.
Conclusion
To wrap up, the performance of Trinseo PLC (TSE) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
