Tronox Holdings plc (NYSE: TROX) Jumped 2.25%, But Don’t Be Too Excited

Tronox Holdings plc (NYSE:TROX) shares, rose in value on Thursday, March 27, with the stock price up by 2.25% to the previous day’s close as strong demand from buyers drove the stock to $7.27.

Actively observing the price movement in the last trading, the stock closed the session at $7.11, falling within a range of $6.9 and $7.285. The value of beta (5-year monthly) was 1.632. Referring to stock’s 52-week performance, its high was $20.70, and the low was $6.64. On the whole, TROX has fluctuated by -8.55% over the past month.

With the market capitalization of Tronox Holdings plc currently standing at about $1.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11. The company’s Forward Dividend Ratio is 0.50, with its dividend yield at 6.88%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TROX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of TROX currently trading nearly 0.62% and -14.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.52, while the 7-day volatility ratio is showing 4.07% which for the 30-day chart, stands at 5.16%. Furthermore, Tronox Holdings plc (TROX)’s beta value is 1.53, and its average true range (ATR) is 0.38.

A comparison of Tronox Holdings plc (TROX) with its peers suggests the former has fared considerably weaker in the market. TROX showed an intraday change of 2.25% in last session, and over the past year, it shrunk by -57.56%%.

Data on historical trading for Tronox Holdings plc (NYSE:TROX) indicates that the trading volumes over the past 10 days have averaged 1.73 and over the past 3 months, they’ve averaged 1.71 million. According to company’s latest data on outstanding shares, there are 157.94 million shares outstanding.

Nearly 26.84% of Tronox Holdings plc’s shares belong to company insiders and institutional investors own 73.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.08 million shares as on 2025-03-14, resulting in a short ratio of 2.56. According to the data, the short interest in Tronox Holdings plc (TROX) stood at 645.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 7.11 million. The stock has fallen by -27.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TROX stock heading into the next quarter.

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