Torm Plc (NASDAQ: TRMD) kicked off on Monday, down -2.95% from the previous trading day, before settling in for the closing price of $21.89. Over the past 52 weeks, TRMD has traded in a range of $21.25-$40.47.
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A company in the Energy sector has jumped its sales by 27.54% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -5.87%. With a float of $52.23 million, this company’s outstanding shares have now reached $85.73 million.
In an organization with 370 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 50.92%, operating margin of 42.98%, and the pretax margin is 44.11%.
Torm Plc (TRMD) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Torm Plc is 45.79%, while institutional ownership is 65.30%. The most recent insider transaction that took place on Sep 30 ’24, was worth 120,651,929.
Torm Plc (TRMD) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -5.87% per share during the next fiscal year.
Torm Plc (NASDAQ: TRMD) Trading Performance Indicators
Take a look at Torm Plc’s (TRMD) current performance indicators. Last quarter, stock had a quick ratio of 2.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.95. Likewise, its price to free cash flow for the trailing twelve months is 47.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.74, a number that is poised to hit 0.95 in the next quarter and is forecasted to reach 5.30 in one year’s time.
Technical Analysis of Torm Plc (TRMD)
Let’s dig in a bit further. During the last 5-days, its volume was 1.67 million. That was better than the volume of 0.8 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.45%. Additionally, its Average True Range was 0.88.
During the past 100 days, Torm Plc’s (TRMD) raw stochastic average was set at 0.21%, which indicates a significant decrease from 0.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.04% in the past 14 days, which was higher than the 36.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.89, while its 200-day Moving Average is $34.08. However, in the short run, Torm Plc’s stock first resistance to watch stands at $21.70. Second resistance stands at $22.16. The third major resistance level sits at $22.40. If the price goes on to break the first support level at $21.00, it is likely to go to the next support level at $20.76. The third support level lies at $20.30 if the price breaches the second support level.
Torm Plc (NASDAQ: TRMD) Key Stats
The company with the Market Capitalisation of 14.69 billion has total of 81,500K Shares Outstanding. Its annual sales at the moment are 1,520 M in contrast with the sum of 648,270 K annual income. Company’s last quarter sales were recorded 372,100 K and last quarter income was 130,500 K.
