Trinseo PLC (NYSE: TSE) is -9.02% lower on its value in year-to-date trading and has touched a low of $1.93 and a high of $7.49 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 TSE stock was last observed hovering at around $5.03 in the last trading session, with the day’s loss setting it -0.39%.
Currently trading at $4.64, the stock is -12.63% and 1.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.45 million and changing -7.75% at the moment leaves the stock 21.46% off its SMA200. TSE registered -37.04% loss for a year compared to 6-month gain of 90.95%. The firm has a 50-day simple moving average (SMA 50) of $4.5754 and a 200-day simple moving average (SMA200) of $3.81495.
The stock witnessed a 2.88% loss in the last 1 month and extending the period to 3 months gives it a -23.68%, and is -9.02% down 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 7.83% over the week and 11.54% over the month.
Trinseo PLC (TSE) has around 3100 employees, a market worth around $164.26M and $3.53B in sales. Profit margin for the company is -14.04%. Distance from 52-week low is 139.79% and -38.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.13%).
The EPS is expected to shrink by -0.80% this year
93.0 institutions hold shares in Trinseo PLC (TSE), with institutional investors hold 73.21% of the company’s shares. The shares outstanding are 35.40M, and float is at 33.39M with Short Float at 3.16%. Institutions hold 69.79% of the Float.
Trinseo PLC (TSE) Insider Activity
The most recent transaction is an insider purchase by COTE JEFFREY J, the company’s Director. SEC filings show that COTE JEFFREY J bought 100,000 shares of the company’s common stock on Aug 16 ’24 at a price of $2.81 per share for a total of $0.28 million. Following the purchase, the insider now owns 100000.0 shares.
Trinseo PLC disclosed in a document filed with the SEC on Aug 19 ’24 that COTE JEFFREY J (Director) bought a total of 50,600 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $3.39 per share for $0.17 million. Following the transaction, the insider now directly holds 0.15 million shares of the TSE stock.
Still, SEC filings show that on Aug 13 ’24, TOMKINS MARK E (Director) disposed off 11,142 shares at an average price of $2.54 for $28301.0. The insider now directly holds 46,724 shares of Trinseo PLC (TSE).
