Truist has recently initiated Tronox Holdings PLC (TROX) stock to Buy rating, as announced on January 28, 2025, according to Finviz. Earlier, on October 10, 2024, UBS had raised the stock from a Neutral to Buy, setting a price target of $19 for TROX stock. Mizuho also initiated Neutral rating with a price target of $22. Additionally, BMO Capital Markets raised Outperform rating on December 18, 2023, with a target price of $18. JP Morgan analysts, in their report published on October 27, 2023, also reduced Neutral rating and set a price target of $16 for Tronox Holdings PLC’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Tronox Holdings PLC (TROX) Stock Trading Recap
On Monday, Tronox Holdings PLC (TROX) stock saw a modest uptick, ending the day at $5.44 which represents a slight increase of $0.21 or 4.02% from the prior close of $5.23. The stock opened at $5.41 and touched a low of $5.27 during the day, reaching a high of $5.57. The volume of shares traded was 2.31 million exceeding the average volume of 2.13 million.
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TROX Stock Performance and Moving Averages
In recent trading, Tronox Holdings PLC (TROX) stock price has shown some volatility, fluctuating 11.02% over the last five trades and -23.16% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -62.09%, and it has plunged by -41.88% in the previous three months. Currently, TROX is trading at -14.87%, -27.29%, and -52.57% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, TROX, a Basic Materials sector stock, is trading -73.72% below its 52-week high but remains 25.06% above its 52-week low. The Average True Range (ATR) (14 days) of 0.52 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Tronox Holdings PLC’s Profitability and Valuation Ratios
Tronox Holdings PLC’s profitability metrics reveal financial health. The company currently boasts an operating margin of 7.09% and a profit margin of -1.56%, with a gross margin of -62.09%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Tronox Holdings PLC’s market capitalization stands at $862.02 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 5.63. Additionally, the Price-to-Sales Ratio is 0.28, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.49, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 26.82% of Tronox Holdings PLC (TROX)’s shares, while financial institutions hold 73.62%.
