Tronox Holdings plc (NYSE: TROX) is -31.08% lower on its value in year-to-date trading and has touched a low of $6.64 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 $6.89 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $6.94, the stock is -10.41% and -23.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.87 million and changing 0.73% at the moment leaves the stock -46.27% off its SMA200. TROX registered -56.35% loss for a year compared to 6-month loss of -42.88%.
The stock witnessed a -28.82% gain in the last 1 month and extending the period to 3 months gives it a -40.28%, and is -4.01% 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 6.37% over the week and 6.37% over the month.
Tronox Holdings plc (TROX) has around 6500 employees, a market worth around $1.10B and $3.07B in sales. Fwd P/E is 6.59. Profit margin for the company is -1.56%. Distance from 52-week low is 4.52% and -66.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.04%).
with sales reaching $747.96M over the same period.The EPS is expected to grow by 793.19% this year, but quarterly earnings will post 4.74% year-over-year. Quarterly sales are estimated to shrink -3.36% in year-over-year returns.
The shares outstanding are 157.94M, and float is at 115.44M with Short Float at 5.40%.
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.
