At the time of writing, Torm Plc [TRMD] stock is trading at $17.97, down -2.55%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TRMD shares have lost -4.16% over the last week, with a monthly amount drifted -25.03%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Torm Plc [NASDAQ: TRMD] stock has seen the most recent analyst activity on April 12, 2022, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $14.
For the past year, the stock price of Torm Plc fluctuated between $18.01 and $40.47. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Torm Plc [NASDAQ: TRMD] shares were valued at $17.97 at the most recent close of the market. An investor can expect a potential return of 150.42% based on the average TRMD price forecast.
Analyzing the TRMD fundamentals
According to Torm Plc [NASDAQ:TRMD], the company’s sales were 1.64B for trailing twelve months, which represents an 3.91% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.47%, Pretax Profit Margin comes in at 0.44%, and Net Profit Margin reading is 0.44%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.37 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.75 points at the first support level, and at 17.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.33, and for the 2nd resistance point, it is at 18.70.
Ratios To Look Out For
It is important to note that Torm Plc [NASDAQ:TRMD] has a current ratio of 2.47. In addition, the Quick Ratio stands at 2.24 and the Cash Ratio stands at 1.42. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 0.84 and price to earnings (TTM) ratio is 2.32.
Transactions by insiders
Recent insider trading involved OCM Njord Holdings S.a r.l., 10% Owner, that happened on Sep 30 ’24 when 3.53 million shares were purchased.
