On 8/2/24, Tronox Holdings plc (NYSE: TROX) stock suffered a major decline of -14.9%, closing at $13.31. Moreover, exceptionally high trading volume at 293% of normal accompanied the decline. The stock has declined -15.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TROX is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Tronox Holdings plc has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Tronox Holdings plc has a slightly positive Appreciation Score of 63 and a good Power Rating of 78, with the Highest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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