Tronox Limited Ordinary Shares (NYSE:TROX):
Tronox Alkali to Raise Off-List Prices For Animal Nutrition Products: S-CarbÂ® and Feed-Grade Sodium Bicarbonate.
The company is now up from yesterday’s close of $8.34.
The company also recently declared a dividend paid on Thursday September 1st, 2016. The dividend payment was $0.045 per share for the quarter which comes to $0.18 on an annualized basis. The dividend yield was $2.10. The ex-dividend date was set for Monday the 15th of August 2016.
Shares are trading at $8.49 marginally under $8.85, the stock’s 50 day moving average and which is marginally over the 200 day moving average of $6.99. The 50 day moving average moved down $-0.36 whereas the 200 day average was up by +21.39%.
In the latest earnings report the EPS was $-2.51 and is expected to be $-1.43 for the current year with 116,185,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $-0.34 with next year’s EPS anticipated to be $-0.43.
Several Wall Street analysts have released opinions on Tronox Limited Ordinary Shares of late. On April 6, 2016 the stock rating was changed to a “Sell” by UBS which is down from the previous “Neutral” rating. On December 18 B. Riley kept the stock rating at “Neutral” and lowered the price expectation to $3.50 from $5.75.
November 3 investment analysts at B. Riley made no change to the stock rating of “Neutral” but moved down the price target from $11.25 to $6.50. B. Riley both downgraded the stock and lowered the price target on August 6 cutting the price target from $15.00 to $11.25 and cutting the rating from “Buy” to “Neutral”.
On August 6 the stock rating was downgraded from “Buy” to “Neutral” with a current price target of $11.25 by B. Riley. Equity analyst B. Riley upgraded the stock and raised the price target on December 15 changing the price objective from $25.00 to $29.00 and changing the rating from “Neutral” to “Buy”.