Tricon Residential Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $11.17 on 03/13/24, and the lowest price during that time was $6.53, recorded on 10/30/23.
52-week price history of TCN Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Tricon Residential Inc’s current trading price is -0.67% away from its 52-week high, while its distance from the 52-week low is 70.04%. The stock’s price range during this period has fluctuated between $6.53 and $11.17. Shares of the company, which operates in the Real Estate sector, recorded a trading volume of around 8.29 million for the day, which was evidently higher than the average daily volume of 5.93 million over the last three months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Financial Performance and Market Capitalization
Tricon Residential Inc (TCN) has experienced a quarterly rise of 24.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.04B and boasts a workforce of 1026 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.36, with a change in price of +4.26. Similarly, Tricon Residential Inc recorded 4,248,553 in trading volume during the last 100 days, posting a change of +62.26%.
TCN Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for TCN stands at 1.65. Similarly, the long-term debt-to-equity ratio is also 1.57.
TCN Stock Stochastic Average
The raw stochastic average for Tricon Residential Inc over the last 50 days is presently at 97.88%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 38.89%. Further, the company’s Stochastic %K and %D values for the last 20 days were 64.55% and 69.93%, 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. This year’s metric has recorded a Price increase of 21.92%. However, over the past six months, we’ve seen a weaker performance of 31.61%. The price of TCN fallen by 0.41% over the last 30 days. And in the last five days, it has fallen by -0.58%.
