In the past week, TROX stock has gone up by 1.53%, with a monthly gain of 19.62% and a quarterly plunge of -6.06%. The volatility ratio for the week is 3.02%, and the volatility levels for the last 30 days are 3.74% for Tronox Holdings plc The simple moving average for the last 20 days is 3.52% for TROX stock, with a simple moving average of -6.51% for the last 200 days.
Is It Worth Investing in Tronox Holdings plc (NYSE: TROX) Right Now?
The stock has a 36-month beta value of 1.63. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 1 as “sell.”
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The public float for TROX is 117.31M, and at present, short sellers hold a 5.72% of that float. On October 18, 2024, the average trading volume of TROX was 1.04M shares.
TROX) stock’s latest price update
Tronox Holdings plc (NYSE: TROX)’s stock price has decreased by -0.07 compared to its previous closing price of 14.58. However, the company has seen a 1.53% increase in its stock price over the last five trading sessions. zacks.com reported 2024-10-17 that Tronox (TROX) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of TROX
Many brokerage firms have already submitted their reports for TROX stocks, with UBS repeating the rating for TROX by listing it as a “Buy.” The predicted price for TROX in the upcoming period, according to UBS is $19 based on the research report published on October 10, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see TROX reach a price target of $22. The rating they have provided for TROX stocks is “Neutral” according to the report published on June 07th, 2024.
BMO Capital Markets gave a rating of “Outperform” to TROX, setting the target price at $18 in the report published on December 18th of the previous year.
TROX Trading at 8.07% from the 50-Day Moving Average
After a stumble in the market that brought TROX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.61% of loss for the given period.
Volatility was left at 3.74%, however, over the last 30 days, the volatility rate increased by 3.02%, as shares surge +12.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.18% upper at present.
During the last 5 trading sessions, TROX rose by +1.53%, which changed the moving average for the period of 200-days by +5.50% in comparison to the 20-day moving average, which settled at $14.07. In addition, Tronox Holdings plc saw 2.90% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TROX starting from Engle Jeffrey A., who sale 12,050 shares at the price of $14.95 back on Mar 06 ’24. After this action, Engle Jeffrey A. now owns 98,409 shares of Tronox Holdings plc, valued at $180,091 using the latest closing price.
Flood Jonathan, the Principal Accounting Officer of Tronox Holdings plc, sale 5,350 shares at $14.94 during a trade that took place back on Mar 06 ’24, which means that Flood Jonathan is holding 37,555 shares at $79,925 based on the most recent closing price.
Stock Fundamentals for TROX
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.14 for the gross margin
The net margin for Tronox Holdings plc stands at -0.02. The total capital return value is set at 0.03. Equity return is now at value -3.20, with -1.04 for asset returns.
Based on Tronox Holdings plc (TROX), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 1.49. The interest coverage ratio of the stock is 0.91.
Currently, EBITDA for the company is 461.0 million with net debt to EBITDA at 6.06. When we switch over and look at the enterprise to sales, we see a ratio of 1.71. The receivables turnover for the company is 7.52for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.98.
Conclusion
To sum up, Tronox Holdings plc (TROX) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
