Torm Plc (NASDAQ: TRMD)’s stock price has gone rise by 6.87 in comparison to its previous close of 20.98, however, the company has experienced a 8.79% increase in its stock price over the last five trading days. seekingalpha.com reported 2025-01-07 that The New Year is a good time to review your portfolio and acquire some new investments. Tax-loss selling in December often leads to opportunities in January. I started rotating out of U.S. tech stocks and into non-tech & foreign stocks last year. That includes many high-yield stocks.
Is It Worth Investing in Torm Plc (NASDAQ: TRMD) Right Now?
The price-to-earnings ratio for Torm Plc (NASDAQ: TRMD) is 2.90x, which is above its average ratio. Moreover, the 36-month beta value for TRMD is 0.13. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TRMD is 52.94M and currently, short sellers hold a 3.69% of that float. On January 10, 2025, TRMD’s average trading volume was 1.24M shares.
TRMD’s Market Performance
TRMD stock saw an increase of 8.79% in the past week, with a monthly gain of 12.44% and a quarterly increase of -29.76%. The volatility ratio for the week is 3.29%, and the volatility levels for the last 30 days are 3.02% for Torm Plc (TRMD). The simple moving average for the last 20 days is 14.83% for TRMD’s stock, with a simple moving average of -29.85% for the last 200 days.
Analysts’ Opinion of TRMD
Many brokerage firms have already submitted their reports for TRMD stocks, with H.C. Wainwright repeating the rating for TRMD by listing it as a “Buy.” The predicted price for TRMD in the upcoming period, according to H.C. Wainwright is $14 based on the research report published on April 12, 2022 of the previous year 2022.
TRMD Trading at 4.23% from the 50-Day Moving Average
After a stumble in the market that brought TRMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.60% of loss for the given period.
Volatility was left at 3.02%, however, over the last 30 days, the volatility rate increased by 3.29%, as shares surge +12.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.12% lower at present.
During the last 5 trading sessions, TRMD rose by +7.81%, which changed the moving average for the period of 200-days by -34.84% in comparison to the 20-day moving average, which settled at $19.51. In addition, Torm Plc saw 15.28% 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 TRMD starting from OCM Njord Holdings S.a r.l., who proposed sale 3,528,866 shares at the price of $34.19 back on Sep 30 ’24. After this action, OCM Njord Holdings S.a r.l. now owns shares of Torm Plc, valued at $120,651,929 using the latest closing price.
Stock Fundamentals for TRMD
Current profitability levels for the company are sitting at:
- 0.47 for the present operating margin
- 0.62 for the gross margin
The net margin for Torm Plc stands at 0.44. The total capital return value is set at 0.24. Equity return is now at value 39.87, with 23.12 for asset returns.
Based on Torm Plc (TRMD), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 10.99.
Currently, EBITDA for the company is 862.17 million with net debt to EBITDA at 0.86. When we switch over and look at the enterprise to sales, we see a ratio of 1.81. The receivables turnover for the company is 7.46for 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 2.47.
Conclusion
To wrap up, the performance of Torm Plc (TRMD) has been mixed in recent times. The stock has received a bullish 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.
