Tronox Limited Ordinary Shares (NYSE:TROX):
Tronox Names Tim Carlson As Chief Financial Officer.
The company is now up since yesterday’s close of $8.34.
Additionally Tronox Limited Ordinary Shares announced a dividend that was paid on Thursday the 1st of September 2016. The dividend was $0.045 per share for the quarter or $0.18 on an annualized basis. The dividend yield was $2.10. The ex-dividend date was Monday the 15th of August 2016.
Shares of the company are trading at $8.49 which is a tad under $8.85, the stock’s 50 day moving average and which is just a bit higher than the 200 day moving average of $6.99. The 50 day moving average was down $-0.36 or -4.06% and the 200 day average was up $1.50.
In the last earnings report the EPS was $-2.51 and is expected to be $-1.43 for the current year with 116,185,000 shares currently outstanding. Next quarter’s EPS is expected be $-0.34 and the next full year EPS is anticipated to be $-0.43.
Several brokerage analysts have released opinions on Tronox Limited Ordinary Shares recently. On April 6 the company was downgraded from “Neutral” to “Sell” by analysts at UBS. On December 18 B. Riley kept the company rating at “Neutral” but lowered the price expectation to $3.50 from $5.75.
November 3 investment analysts at B. Riley left the company rating at “Neutral” but lowered the price target from $11.25 to $6.50. Equity analyst B. Riley both downgraded the stock and lowered the price target on August 6 changing the price target from $15.00 to $11.25 and altering the rating from “Buy” to “Neutral”.
On August 6 the stock rating was downgraded to “Neutral” from “Buy” and a price target of $11.25 was set in a report from B. Riley. B. Riley upgraded the stock and raised the price target on December 15 boosting the price target from $25.00 to $29.00 and changing the rating from “Neutral” to “Buy”.