Trinseo PLC (NYSE: TSE) is -14.71% lower on its value in year-to-date trading and has touched a low of $1.93 and a high of $7.05 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 $4.35 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $4.35, the stock is -10.24% and -4.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.24 million and changing 0.00% at the moment leaves the stock 13.13% off its SMA200. TSE registered -21.76% loss for a year compared to 6-month gain of 57.04%. The firm has a 50-day simple moving average (SMA 50) of $4.5356 and a 200-day simple moving average (SMA200) of $3.845.
The stock witnessed a -21.20% loss in the last 1 month and extending the period to 3 months gives it a -28.34%, and is 1.64% 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 5.67% over the week and 9.45% over the month.
Trinseo PLC (TSE) has around 3100 employees, a market worth around $154.00M and $3.53B in sales. Profit margin for the company is -14.04%. Distance from 52-week low is 124.81% and -38.30% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.13%).
with sales reaching $803.09M over the same period.The EPS is expected to shrink by -6.37% this year, but quarterly earnings will post -3.63% year-over-year. Quarterly sales are estimated to shrink -4.11% in year-over-year returns.
Trinseo PLC (TSE) Top Institutional Holders
93.0 institutions hold shares in Trinseo PLC (TSE), with institutional investors hold 73.24% of the company’s shares. The shares outstanding are 35.40M, and float is at 33.42M with Short Float at 2.78%. Institutions hold 69.81% 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).
