Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Torm Plc’s current trading price is -55.15% away from its 52-week high, while its distance from the 52-week low is 33.46%. The stock’s price range during this period has varied between $13.60 and $40.47. The company, active in the Energy sector, saw a trading volume of around 0.93 million for the day, considerably higher average daily volume of 0.83 million observed over the last three months.
Torm Plc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $40.47 on 07/23/24, and the lowest price during the same period was recorded at $13.60 on 04/04/25.
How Financial Performance Impacts Market Capitalization
Torm Plc (TRMD) has experienced a quarterly rise of 2.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.77B and boasts a workforce of 479 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How TRMD’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for TRMD stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.48.
TRMD Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -6.68%.However, over the last six months, we can see a stronger performance of -8.98%. Over the last 30 days, the price of TRMD has fallen by 5.10%. And in the last five days, it has surged by 9.14%.
