Tron Inc [NASDAQ: TRON] stock went on a downward path that fall over -5.51% on Thursday, amounting to a one-week price decrease of less than -23.37%.
Over the last 12 months, TRON stock rose by 254.53%.
The market cap for the stock reached $565.24 million, with 253.47 million shares outstanding and 116.06 million shares in the current float. Compared to the average trading volume of 3.82M shares, TRON stock reached a trading volume of 3918425 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Tron Inc [TRON]:
The Price to Book ratio for the last quarter was 0.55, with the Price to Cash per share for the same quarter was set at 0.02.
TRON Stock Performance Analysis:
Tron Inc [TRON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.37. With this latest performance, TRON shares dropped by -55.31% in over the last four-week period, additionally plugging by 379.57% over the last 6 months – not to mention a rise of 254.53% 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 TRON stock in for the last two-week period is set at 27.88, with the RSI for the last a single of trading hit 0.41, and the three-weeks RSI is set at 0.61 for Tron Inc [TRON]. The present Moving Average for the last 50 days of trading for this stock 5.79, while it was recorded at 2.54 for the last single week of trading, and 2.62 for the last 200 days.
Insight into Tron Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Tron Inc [TRON] shares currently have an operating margin of -82.39% and a Gross Margin at 21.89%. Tron Inc’s Net Margin is presently recorded at -30.43%.
Tron Inc (TRON) Capital Structure & Debt Analysis
According to recent financial data for Tron Inc. ( TRON), the Return on Equity (ROE) stands at -2.25%, reflecting a slight decline for investors. The Return on Assets (ROA) is -2.23%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Tron Inc’s Return on Invested Capital (ROIC) is -1.15%, showcasing its effectiveness in deploying capital for earnings.
Tron Inc (TRON) Efficiency & Liquidity Metrics
Based on Tron Inc’s (TRON) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
Tron Inc (TRON) Efficiency & Liquidity Metrics
Tron Inc [TRON] Institutonal Ownership Details
There are presently around $1.29%, or 1.34%% of TRON stock, in the hands of institutional investors. The top three institutional holders of TRON stocks are: WALLEYE CAPITAL LLC with ownership of 0.24 million shares, which is approximately 3.8552%. WALLEYE TRADING LLC, holding 0.14 million shares of the stock with an approximate value of $$1.68 million in TRON stocks shares; and WALLEYE TRADING LLC, currently with $$65.53 million in TRON stock with ownership which is approximately 1.0133%.
