Torm Plc [TRMD] stock is trading at $19.81, up 4.65%. An important factor to consider is whether the stock is rising or falling in short-term value. The TRMD shares have gain 2.75% over the last week, with a monthly amount glided 10.36%, and seem to be holding up well over a long-time horizon.
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.
Torm Plc [TRMD] stock has fluctuated between $13.60 and $38.98 over the past year. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Torm Plc [NASDAQ: TRMD] shares were valued at $19.81 at the most recent close of the market. An investor can expect a potential return of 127.16% based on the average TRMD price forecast.
Analyzing the TRMD fundamentals
Torm Plc [NASDAQ:TRMD] reported sales of 1.44B for the trailing twelve months, which represents a drop of -25.90%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.22 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Torm Plc’s Current Ratio is 2.55. On the other hand, the Quick Ratio is 2.28, and the Cash Ratio is 1.33. Considering the valuation of this stock, the price to sales ratio is 1.34, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 4.15.
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.
