logo

[breadcrumb_custom]

Tricon Residential Inc (TCN) Stock: Navigating a Year of Volatility

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Tricon Residential Inc’s current trading price is -0.13% away from its 52-week high, while its distance from the 52-week low is 70.65%. The stock’s price range for this period has been between $6.53 and $11.15 The company’s shares, which are part of the Real Estate sector, had a trading volume of approximately 1.79 million for the day, a number notably lower than the average daily volume of 5.7 million over the last three months.

Tricon Residential Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $11.15 on 02/28/24, while the lowest value for the same period was recorded at $6.53 on 10/30/23.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Tricon Residential Inc (TCN) has experienced a quarterly rise of 39.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.05B and boasts a workforce of 1010 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 8.79, with a change in price of +4.16. Similarly, Tricon Residential Inc recorded 4,102,029 in trading volume during the last 100 days, posting a change of +59.53%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TCN stands at 1.53. Similarly, the long-term debt-to-equity ratio is also 1.37.

TCN Stock Stochastic Average

As of today, Tricon Residential Inc’s raw stochastic average for the last 50 days stands at 99.42%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 89.29%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 88.74% and 88.55%, respectively.

TCN Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 22.36%. However, over the last six months, the performance has been weaker by 32.09%. The price of TCN increased 0.95% over the last 30 days. And in the last five days, it has surged by 0.23%.

On Key

Related Posts