On 6/25/24, Tronox Holdings plc (NYSE: TROX) stock suffered a major decline of -11.2%, closing at $16.47. Moreover, this decline was accompanied by exceptionally high trading volume at 259% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -15.0% during the last week.
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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Tronox Holdings plc has a neutral Appreciation Score of 47 but a very high Power Rating of 91, resulting in the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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