Tronox Holdings plc [NYSE: TROX] stock went on an upward path that rose over 1.48% on Thursday, amounting to a one-week price decrease of less than -3.85%.
Over the last 12 months, TROX stock dropped by -69.04%. The one-year Tronox Holdings plc stock forecast points to a potential upside of 52.63. The average equity rating for TROX stock is currently 1.64, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $869.96 million, with 157.94 million shares outstanding and 115.97 million shares in the current float. Compared to the average trading volume of 2.46M shares, TROX stock reached a trading volume of 6122558 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Tronox Holdings plc [TROX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TROX shares is $11.59 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TROX stock is a recommendation set at 1.64. 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.
Truist have made an estimate for Tronox Holdings plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 28, 2025. While these analysts kept the previous recommendation, UBS raised their target price from $17 to $19. The new note on the price target was released on October 10, 2024, representing the official price target for Tronox Holdings plc stock. Previously, the target price had yet another raise to $22, while Mizuho analysts kept a Neutral rating on TROX stock. On December 18, 2023, analysts increased their price target for TROX shares from 11 to 18.
The Average True Range (ATR) for Tronox Holdings plc is set at 0.40, with the Price to Sales ratio for TROX stock in the period of the last 12 months amounting to 0.28. The Price to Book ratio for the last quarter was 0.49, with the Price to Cash per share for the same quarter was set at 0.96.
TROX Stock Performance Analysis:
Tronox Holdings plc [TROX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.85. With this latest performance, TROX shares dropped by -18.91% in over the last four-week period, additionally sinking by -55.58% over the last 6 months – not to mention a drop of -69.04% 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 TROX stock in for the last two-week period is set at 42.80, with the RSI for the last a single of trading hit 46.62, and the three-weeks RSI is set at 40.55 for Tronox Holdings plc [TROX]. The present Moving Average for the last 50 days of trading for this stock 6.53, while it was recorded at 5.52 for the last single week of trading, and 10.83 for the last 200 days.
Insight into Tronox Holdings plc Fundamentals:
Tronox Holdings plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.69 and a Current Ratio set at 2.47.
Tronox Holdings plc [TROX] Institutonal Ownership Details
There are presently around $74.93%, or 100.57%% of TROX stock, in the hands of institutional investors. The top three institutional holders of TROX stocks are: FMR LLC with ownership of 22.73 million shares, which is approximately 14.3764%. VANGUARD GROUP INC, holding 12.48 million shares of the stock with an approximate value of $$195.88 million in TROX stocks shares; and VANGUARD GROUP INC, currently with $$147.12 million in TROX stock with ownership which is approximately 5.9597%.
