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. Tronox Holdings plc’s current trading price is -78.90% away from its 52-week high, while its distance from the 52-week low is 7.79%. The stock’s price range during this period has varied between $2.95 and $15.07. The company, active in the Basic Materials sector, saw a trading volume of around 9.32 million for the day, considerably higher average daily volume of 3.55 million observed over the last three months.
Tronox Holdings plc (TROX) currently has a stock price of $3.18. The stock saw a sharp increase in the last trading session, hitting a high of $8.0 after opening at $3.18. The lowest recorded price for the day was $1.0 before it closed at $3.4.
The market performance of Tronox Holdings plc has been somewhat unstable.
How Financial Performance Impacts Market Capitalization
Tronox Holdings plc (TROX) has experienced a quarterly decline of -44.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 504.10M and boasts a workforce of 6500 employees.
Decoding Analysts’ Ratings for Tronox Holdings plc
As of right now, 3 analysts are rating Tronox Holdings plc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.64, with a change in price of -3.71. Similarly, Tronox Holdings plc recorded 3,321,936 in trading volume during the last 100 days, posting a change of -53.85%.
How TROX’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 TROX stands at 1.94. Similarly, the long-term debt-to-equity ratio is also 1.74.
TROX Stock Stochastic Average
As of today, the raw stochastic average of Tronox Holdings plc over the last 50 days is at 6.99%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 7.61%. Further, the company’s Stochastic %K and %D values for the last 20 days were 9.64% and 13.56%, respectively.
TROX Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -80.32%.However, over the last six months, we can see a stronger performance of -69.04%. Over the last 30 days, the price of TROX has leaped by -43.01%. And in the last five days, it has fallen by -44.60%.
