TRX Gold Corp (AMEX:TRX) price closed lower on Friday, April 12, dropping -9.37% below its previous close.
A look at the daily price movement shows that the last close reads $0.46. The company’s P/E ratio in the trailing 12-month period read 462.22. Taking into account the 52-week price action we note that the stock hit a 52-week high of $0.60 and 52-week low of $0.31. The stock added 4.26% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give TRX a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that TRX’s price is at present 1.23% off the SMA20 and 12.28% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 52.06, with weekly volatility standing at 9.41%. The indicator jumps to 6.27% when calculated based on the past 30 days. TRX Gold Corp (AMEX:TRX)’s beta value is holding at 0.62, while the average true range (ATR) indicator is currently reading 0.03. An analysis of the TRX Gold Corp (AMEX:TRX) stock in terms of its daily trading volume indicates that the 3-month average is 302.89K.
Current records show that the company has 277.63M in outstanding shares. The insiders’ percentage holdings are 2.38% of outstanding shares while the percentage share held by institutions stands at 1.27%. But the 9.43% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
