On Tuesday, Torm Plc (NASDAQ: TRMD) opened lower -2.08% from the last session, before settling in for the closing price of $25.49. Price fluctuations for TRMD have ranged from $25.22 to $40.47 over the past 52 weeks.
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Annual sales at Energy sector company grew by 27.54% over the past five years. Company’s average yearly earnings per share was noted 4.56% at the time writing. With a float of $51.64 million, this company’s outstanding shares have now reached $85.73 million.
Let’s look at the performance matrix of the company that is accounted for 370 employees. In terms of profitability, gross margin is 50.92%, operating margin of 42.26%, and the pretax margin is 44.03%.
Torm Plc (TRMD) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Torm Plc is 46.17%, while institutional ownership is 71.69%. The most recent insider transaction that took place on Sep 30 ’24, was worth 120,651,929.
Torm Plc (TRMD) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 4.56% per share during the next fiscal year.
Torm Plc (NASDAQ: TRMD) Trading Performance Indicators
Check out the current performance indicators for Torm Plc (TRMD). In the past quarter, the stock posted a quick ratio of 2.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.03. Likewise, its price to free cash flow for the trailing twelve months is 38.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.81, a number that is poised to hit 1.37 in the next quarter and is forecasted to reach 5.53 in one year’s time.
Technical Analysis of Torm Plc (TRMD)
Torm Plc (NASDAQ: TRMD) saw its 5-day average volume 1.06 million, a positive change from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 8.47%. Additionally, its Average True Range was 0.79.
During the past 100 days, Torm Plc’s (TRMD) raw stochastic average was set at 1.71%, which indicates a significant decrease from 4.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.01% in the past 14 days, which was lower than the 33.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.03, while its 200-day Moving Average is $34.90. Nevertheless, the first resistance level for the watch stands at $25.43 in the near term. At $25.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.27. If the price goes on to break the first support level at $24.59, it is likely to go to the next support level at $24.22. Assuming the price breaks the second support level, the third support level stands at $23.75.
Torm Plc (NASDAQ: TRMD) Key Stats
There are currently 81,500K shares outstanding in the company with a market cap of 16.33 billion. Presently, the company’s annual sales total 1,520 M according to its annual income of 648,270 K. Last quarter, the company’s sales amounted to 437,700 K and its income totaled 194,500 K.
