Toro Corp [TORO] Stock trading around $2.96 per share: What’s Next?

Toro Corp [NASDAQ: TORO] gained 31.56% on the last trading session, reaching $2.96 price per share at the time.

Toro Corp represents 19.09 million in outstanding shares, while the company has a total market value of $56.51 million with the latest information. TORO stock price has been found in the range of $2.53 to $3.37.

If compared to the average trading volume of 193.92K shares, TORO reached a trading volume of 5108289 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 Toro Corp [TORO]:

The Price to Book ratio for the last quarter was 0.27, with the Price to Cash per share for the same quarter was set at 2.03. Price to Free Cash Flow for TORO in the course of the last twelve months was 3.67 with Quick ratio for the last quarter at 11.73.

Trading performance analysis for TORO stock

Toro Corp [TORO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 34.55. With this latest performance, TORO shares gained by 53.37% in over the last four-week period, additionally plugging by 41.94% over the last 6 months – not to mention a rise of 52.05% in the past year of trading.

Toro Corp [TORO]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Toro Corp [TORO] shares currently have an operating margin of -23.29% and a Gross Margin at 29.64%. Toro Corp’s Net Margin is presently recorded at 82.91%.

Return on Equity for this stock inclined to 7.53%, with Return on Assets sitting at 7.53%.

An analysis of Institutional ownership at Toro Corp [TORO]

There are presently around $0.63%, or 1.39% of TORO stock, in the hands of institutional investors.

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