Tronox Holdings plc (NYSE: TROX) is -6.64% lower on its value in year-to-date trading and has touched a low of $10.08 and a high of $20.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TROX stock was last observed hovering at around $13.72 in the last trading session, with the day’s loss setting it -0.5%.
Currently trading at $13.22, the stock is 3.59% and -4.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing -3.64% at the moment leaves the stock -14.94% off its SMA200. TROX registered -1.05% loss for a year compared to 6-month loss of -22.96%. The firm has a 50-day simple moving average (SMA 50) of $13.7758 and a 200-day simple moving average (SMA200) of $15.5438.
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The stock witnessed a -7.94% gain in the last 1 month and extending the period to 3 months gives it a -17.73%, and is 8.54% 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 4.44% over the week and 3.64% over the month.
Tronox Holdings plc (TROX) has around 6498 employees, a market worth around $2.09B and $2.94B in sales. Fwd P/E is 9.86. Profit margin for the company is -2.14%. Distance from 52-week low is 31.15% and -36.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.32%).
Tronox Holdings plc quarterly earnings per share for the current quarter are estimated at 0.19 with sales reaching $799.9M over the same period.The EPS is expected to grow by 374.81% this year, but quarterly earnings will post 11.10% year-over-year. Quarterly sales are estimated to grow 20.80% in year-over-year returns.
288.0 institutions hold shares in Tronox Holdings plc (TROX), with institutional investors hold 101.38% of the company’s shares. The shares outstanding are 156.79M, and float is at 117.31M with Short Float at 5.07%. Institutions hold 75.36% of the Float.
The top institutional shareholder in the company is FMR LLC with over 22.73 million shares valued at $356.66 million. The investor’s holdings represent 14.4482 of the TROX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.48 million shares valued at $195.88 million to account for 7.935 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 9.38 million shares representing 5.9597 and valued at over $147.12 million, while BLACKROCK INC. holds 5.6949 of the shares totaling 8.96 million with a market value of $140.58 million.
Tronox Holdings plc (TROX) Insider Activity
The most recent transaction is an insider sale by Engle Jeffrey A., the company’s SVP, Commercial and Strategy. SEC filings show that Engle Jeffrey A. sold 12,050 shares of the company’s common stock on Mar 06 ’24 at a price of $14.95 per share for a total of $0.18 million. Following the sale, the insider now owns 98409.0 shares.
Tronox Holdings plc disclosed in a document filed with the SEC on Mar 06 ’24 that Flood Jonathan (Principal Accounting Officer) sold a total of 5,350 shares of the company’s common stock. The trade occurred on Mar 06 ’24 and was made at $14.94 per share for $79925.0. Following the transaction, the insider now directly holds 37555.0 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).
