Tronox Holdings plc (NYSE: TROX) is 20.97% higher on its value in year-to-date trading and has touched a low of $10.08 and a high of $17.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TROX stock was last observed hovering at around $16.94 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $17.13, the stock is 8.25% and 17.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 1.12% at the moment leaves the stock 29.52% off its SMA200. TROX registered 30.46% gain for a year compared to 6-month gain of 31.57%. The firm has a 50-day simple moving average (SMA 50) of $1.88 and a 200-day simple moving average (SMA200) of $11.34.
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The stock witnessed a 14.20% loss in the last 1 month and extending the period to 3 months gives it a 22.18%, and is 0.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.09% over the week and 3.33% over the month.
Tronox Holdings plc (TROX) has around 6498 employees, a market worth around $2.69B and $2.85B in sales. Fwd P/E is 11.27. Profit margin for the company is -11.09%. Distance from 52-week low is 69.94% and -0.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.55%).
Tronox Holdings plc quarterly earnings per share for the current quarter are estimated at -$0.01 with sales reaching $745.24M over the same period.The EPS is expected to grow by 565.12% this year, but quarterly earnings will post 8.60% year-over-year. Quarterly sales are estimated to grow 8.40% in year-over-year returns.
Tronox Holdings plc (TROX) Top Institutional Holders
279 institutions hold shares in Tronox Holdings plc (TROX), with institutional investors hold 100.03% of the company’s shares. The shares outstanding are 156.79M, and float is at 115.82M with Short Float at 6.14%. Institutions hold 74.14% of the Float.
The top institutional shareholder in the company is FMR, LLC with over 23.52 million shares valued at $402.86 million. The investor’s holdings represent 15.00% of the TROX Shares outstanding. As of Dec 30, 2023, the second largest holder is Vanguard Group Inc with 12.46 million shares valued at $213.44 million to account for 7.95% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 9.25 million shares representing 5.90% and valued at over $158.42 million, while Blackrock Inc. holds 5.82% of the shares totaling 9.12 million with a market value of $156.21 million.
Tronox Holdings plc (TROX) Insider Activity
The most recent transaction is an insider sale by Turgeon Jean Francois,the company’sCo-CEO and Director. SEC filings show that Turgeon Jean Francois sold 51,996 shares of the company’s common stock on Mar 06 ’24 at a price of $14.95 per share for a total of $0.78 million. Following the sale, the insider now owns 0.74 million shares.
Tronox Holdings plc disclosed in a document filed with the SEC on Mar 06 ’24 that Romano John D (Co-CEO and Director) sold a total of 42,768 shares of the company’s common stock. The trade occurred on Mar 06 ’24 and was made at $14.95 per share for $0.64 million. Following the transaction, the insider now directly holds 0.94 million shares of the TROX stock.
Still, SEC filings show that on Mar 06 ’24, Neuman Jeffrey N (SVP, General Counsel & Sec.) disposed off 23,500 shares at an average price of $14.95 for $0.35 million. The insider now directly holds 260,212 shares of Tronox Holdings plc (TROX).
