On Friday, Torm Plc (NASDAQ: TRMD) was 5.72% up from the session before settling in for the closing price of $20.98. A 52-week range for TRMD has been $17.77 – $40.47.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales surged by 32.28% over the last five years. When this article was written, the company’s average yearly earnings per share was at -5.94%. With a float of $52.94 million, this company’s outstanding shares have now reached $95.20 million.
The firm has a total of 370 workers. Let’s measure their productivity. In terms of profitability, gross margin is 53.94%, operating margin of 42.67%, and the pretax margin is 43.84%.
Torm Plc (TRMD) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Torm Plc stocks. The insider ownership of Torm Plc is 45.59%, while institutional ownership is 64.86%. The most recent insider transaction that took place on Sep 30 ’24, was worth 120,651,929.
Torm Plc (TRMD) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.94% per share during the next fiscal year.
Torm Plc (NASDAQ: TRMD) Trading Performance Indicators
You can see what Torm Plc (TRMD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.31. Likewise, its price to free cash flow for the trailing twelve months is 6.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.74, a number that is poised to hit 0.79 in the next quarter and is forecasted to reach 5.16 in one year’s time.
Technical Analysis of Torm Plc (TRMD)
Analysing the last 5-days average volume posted by the [Torm Plc, TRMD], we can find that recorded value of 1.39 million was lower than the volume posted last year of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 88.23%. Additionally, its Average True Range was 0.80.
During the past 100 days, Torm Plc’s (TRMD) raw stochastic average was set at 20.79%, which indicates a significant decrease from 91.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.78% in the past 14 days, which was higher than the 39.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.51, while its 200-day Moving Average is $31.96. Now, the first resistance to watch is $22.55. This is followed by the second major resistance level at $22.92. The third major resistance level sits at $23.27. If the price goes on to break the first support level at $21.83, it is likely to go to the next support level at $21.48. Should the price break the second support level, the third support level stands at $21.11.
Torm Plc (NASDAQ: TRMD) Key Stats
There are 81,500K outstanding shares of the company, which has a market capitalization of 2.16 billion. As of now, sales total 1,520 M while income totals 648,270 K. Its latest quarter income was 372,100 K while its last quarter net income were 130,500 K.
