There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Tronox Holdings plc (TROX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.30, or 2.38%, to $12.93. The Tronox Holdings plc has recorded 31,584 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Tronox Declares Fourth Quarter 2023 Dividend.
As a NYSE listed company, TROX falls under the Basic Materials sector while operating within the Chemicals industry segment. The current market capitalization of Tronox Holdings plc is $1.98B. A total of 1.27 million shares were traded on the day, compared to an average of 1.28M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, TROX has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 2,395 shares. Over the last 12 months, there were 21 BUYs and 15 SELLs from insiders. Insiders purchased 674,552 shares during that period but sold 330,731.
In the most recent transaction, Guthrie Vanessa Ann sold 2,395 shares of TROX for 13.66 per share on Aug 31. After the transaction, the Director now owns 41,324 company shares. In a previous transaction on Jul 26, Guthrie Vanessa Ann sold 54 shares at 14.87 per share. TROX shares that Director owns now total 43,719.
Among the insiders who sold shares, Guthrie Vanessa Ann disposed of 46 shares on Mar 08 at a per-share price of $15.48. This resulted in the Director holding 33,734 shares of TROX after the transaction. In another insider transaction, Turgeon Jean Francois sold 93,942 shares at $15.51 per share on Mar 07. Company shares held by the Co-CEO and Director now total 756,732.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. TROX’s most recent ex-dividend date was 11/10/2023 when it declared a $0.1250 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/11/2023. The TROX stock dividend was $0.1250 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for TROX in the last 3 months, the mean price target is $14.22 with high estimates of $20.00 and low estimates of $11.00. In terms of 52-week highs and lows, TROX has a high of $17.61 and a low of $10.08.
As of this writing, TROX has an earnings estimate of $0.01 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.13 per share and a lower estimate of -$0.04. The company reported an EPS of $0.16 in the last quarter, which was -42.90% lower than expectations of $0.28.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. TROX’s latest balance sheet shows that the firm has $228.00M in Cash & Short Term Investments as of fiscal 2021. There were $2.66B in debt and $822.00M in liabilities at the time. Its Book Value Per Share was $12.71, while its Total Shareholder’s Equity was $2.04B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TROX is Buy with a score of 3.86.