Torm Plc (NASDAQ: TRMD) kicked off on Tuesday, up 4.22% from the previous trading day, before settling in for the closing price of $18.26. Over the past 52 weeks, TRMD has traded in a range of $13.60-$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
During the last 5-year period, the sales growth of Energy Sector giant was 17.63%. While this was happening, its average annual earnings per share was recorded -61.99%. With a float of $57.07 million, this company’s outstanding shares have now reached $97.80 million.
Let’s determine the extent of company efficiency that accounts for 479 employees. In terms of profitability, gross margin is 56.05%, operating margin of 35.89%, and the pretax margin is 32.33%.
Torm Plc (TRMD) Insider Activity
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 41.44%, while institutional ownership is 60.33%. 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 0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -61.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -21.78% during the next five years compared to 23.87% growth over the previous five years of trading.
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 2.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 5.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.78, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 2.60 in one year’s time.
Technical Analysis of Torm Plc (TRMD)
Looking closely at Torm Plc (NASDAQ: TRMD), its last 5-days average volume was 1.01 million, which is a jump from its year-to-date volume of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 86.29%. Additionally, its Average True Range was 0.62.
During the past 100 days, Torm Plc’s (TRMD) raw stochastic average was set at 70.98%, which indicates a significant decrease from 92.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.34% in the past 14 days, which was lower than the 47.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.65, while its 200-day Moving Average is $21.88. However, in the short run, Torm Plc’s stock first resistance to watch stands at $19.28. Second resistance stands at $19.53. The third major resistance level sits at $19.78. If the price goes on to break the first support level at $18.78, it is likely to go to the next support level at $18.53. Should the price break the second support level, the third support level stands at $18.28.
Torm Plc (NASDAQ: TRMD) Key Stats
The company with the Market Capitalisation of 1.85 billion has total of 94,000K Shares Outstanding. Its annual sales at the moment are 1,559 M in contrast with the sum of 612,500 K annual income. Company’s last quarter sales were recorded 329,100 K and last quarter income was 62,300 K.
