Trilogy Metals Inc [AMEX: TMQ] loss -20.44% on the last trading session, reaching $0.40 price per share at the time.
If compared to the average trading volume of 197.74K shares, TMQ reached a trading volume of 4068990 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Trilogy Metals Inc [TMQ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TMQ shares is $1.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TMQ stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Securities have made an estimate for Trilogy Metals Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 24, 2022. The new note on the price target was released on December 23, 2021, representing the official price target for Trilogy Metals Inc stock.
The Average True Range (ATR) for Trilogy Metals Inc is set at 0.05 The Price to Book ratio for the last quarter was 0.47, with the Price to Cash per share for the same quarter was set at 0.01.
Trading performance analysis for TMQ stock
Trilogy Metals Inc [TMQ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.32. With this latest performance, TMQ shares dropped by -14.89% in over the last four-week period, additionally sinking by -15.79% over the last 6 months – not to mention a drop of -33.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TMQ stock in for the last two-week period is set at 32.15, with the RSI for the last a single of trading hit 24.64, and the three-weeks RSI is set at 36.98 for Trilogy Metals Inc [TMQ]. The present Moving Average for the last 50 days of trading for this stock 0.4714, while it was recorded at 0.4926 for the last single week of trading, and 0.4761 for the last 200 days.
Trilogy Metals Inc [TMQ]: A deeper dive into fundamental analysis
Trilogy Metals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.64 and a Current Ratio set at 4.64.
An analysis of Institutional ownership at Trilogy Metals Inc [TMQ]
The top three institutional holders of TMQ stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in TMQ stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in TMQ stock with ownership which is approximately 5.8386%.
