A stock that deserves closer examination: Tronox Holdings plc (TROX)

While Tronox Holdings plc has overperformed by 0.79%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TROX fell by -15.72%, with highs and lows ranging from $17.61 to $10.08, whereas the simple moving average jumped by 9.87% in the last 200 days.

On December 18, 2023, BMO Capital Markets Upgraded Tronox Holdings plc (NYSE: TROX) to Outperform.

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Analysis of Tronox Holdings plc (TROX)

A return on investment can be expected regardless of TROX’s performance over the next quarter with the dividend set at $0.40 per share. Further, the quarter-over-quarter decrease in sales is -26.03%, showing a negative trend in the upcoming months.

To gain a thorough understanding of Tronox Holdings plc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -12.90% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.10, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

It is also very valuable to look at average volume as an indicator of volatility for a stock, and TROX is recording an average volume of 1.17M. On a monthly basis, the volatility of the stock is set at 3.15%, whereas on a weekly basis, it is put at 3.94%, with a gain of 16.10% over the past seven days. Furthermore, long-term investors anticipate a median target price of $15.44, showing growth from the present price of $13.99, which can serve as yet another indication of whether TROX is worth investing in or should be passed over.

How Do You Analyze Tronox Holdings plc Shares?

The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 25.70%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 74.30% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

Are institutional investors increasing their holdings in TROX shares?

The recent increase in stakes in TROX appears to be a result of several institutional investors and hedge funds increasing their positions. Fidelity Management & Research Co’s position in TROX has decreased by -1.64% in the first quarter. The company now owns 17,837,900 shares of the stock, with a value of $252.58 million, following the sale of -297,989 additional shares during the last quarter. The Vanguard Group, Inc. made another increased to its shares in TROX during the first quarter, upping its stake by 0.42%. During the last quarter, the company picked up 50,666 additional shares for a total stake of worth $172.89 million, bringing number of shares owned by the company to 12,210,004.

During the first quarter, Dimensional Fund Advisors LP added a 169,286 position in TROX. BlackRock Fund Advisors purchased an additional 9697.0 shares in the last quarter, increasing its holdings by 0.13%, now holding 7.27 million shares worth $103.0 million. At the end of the first quarter, FIAM LLC increased its TROX holdings by 5.71% and now holds 5.68 million TROX shares valued at $80.43 million with the added 0.31 million shares during the period. TROX shares are owned by institutional investors to the tune of 74.30% at present.

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