Toro Corp [NASDAQ: TORO] stock went on an upward path that rose over 40.44% on Friday, amounting to a one-week price increase of more than 45.44%.
Over the last 12 months, TORO stock rose by 197.93%.
The market cap for the stock reached $110.74 million, with 19.07 million shares outstanding and 10.58 million shares in the current float. Compared to the average trading volume of 91.70K shares, TORO stock reached a trading volume of 15407309 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Toro Corp [TORO]:
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 1.55.
TORO Stock Performance Analysis:
Toro Corp [TORO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 45.44. With this latest performance, TORO shares gained by 65.24% in over the last four-week period, additionally plugging by 190.00% over the last 6 months – not to mention a rise of 197.93% 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 TORO stock in for the last two-week period is set at 82.62, with the RSI for the last a single of trading hit 0.43, and the three-weeks RSI is set at 0.32 for Toro Corp [TORO]. The present Moving Average for the last 50 days of trading for this stock 3.92, while it was recorded at 4.33 for the last single week of trading, and 2.81 for the last 200 days.
Insight into Toro Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Toro Corp [TORO] shares currently have an operating margin of -26.70% and a Gross Margin at 24.49%. Toro Corp’s Net Margin is presently recorded at 3.79%.
Toro Corp (TORO) Capital Structure & Debt Analysis
According to recent financial data for Toro Corp. ( TORO), the Return on Equity (ROE) stands at 1.57%, suggesting modest shareholder returns. The Return on Assets (ROA) is 1.54%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Toro Corp’s Return on Invested Capital (ROIC) is 0.22%, showcasing its effectiveness in deploying capital for earnings.
Toro Corp (TORO) Efficiency & Liquidity Metrics
Based on Toro Corp’s (TORO) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
Toro Corp (TORO) Efficiency & Liquidity Metrics
Toro Corp [TORO] Institutonal Ownership Details
There are presently around $1.28%, or 3.82%% of TORO stock, in the hands of institutional investors.
