Stock To Watch: Turquoise Hill Resources Ltd. (NYSE:TRQ)



Turquoise Hill Resources Ltd. (NYSE:TRQ) has a 1 Year Target Estimate of $3.5. The stock traded with the volume of 5.73 Million in the last trading session. Turquoise Hill Resources Ltd. opened at $3.48 and closed by showing a decrease of -1.75%. The Bid price in the last session was $3.34 x 1100 and the Ask price was $3.70 x 100. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Turquoise Hill Resources Ltd. has the Market Capitalization of 6.86 Billion. The Stock has its 52-week High of $3.67 and 52-Week Low of $1.55 and it touched its 52-week high on Jul 15, 2016 and 52-Week Low on Jan 20, 2016.

Turquoise Hill Resources Ltd. reported its last Earnings on Nov 03 AMC where the company reported Actual EPS of $-0.02/Share whereas, the Analyst Estimated EPS was $-0.02/share. The difference between Actual EPS and Estimated EPS was $0/share. This represented an Earnings Surprise of 0%.

1 number of analysts also provided their insight on Turquoise Hill Resources Ltd., where the Average Price Target for the stock is $3.5. They also projected Low Price Target as $3.5 while High Price Target is set at $3.5.

A number of analysts rated the stock as well: 0 analysts believe that the stock is a STRONG BUY while 0 reported it as Buy.1 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Turquoise Hill Resources Ltd. annual Divided is 0 while it’s Dividend Yield is 0%. The stock has its Price to Earnings (P/E) ratio of 22.77 and Forward Price to Earnings ratio of 0. The company has its Price to Sales (P/S) ratio of 5.11 where Price to Book (P/B) ratio of 0.79, Price to Cash Per share (P/C) of 4.74 and Price to Free Cash Flow (P/FCF) has a value of 37.76.

The company has its Return on Assets (ROA) of 2.8 Percent. Return on Equity (ROE) stands at 3.3% and Return on Investment (ROI) displays a value of 3.6%.

The stock is currently trading at Distance from 20-Day simple moving Average of 1.78% whereas, Distance from 50-Day Simple moving average is 7.67 Percent and Distance from 200-Day Simple Moving Average of 12.43 percent.

A look at performance overview of Turquoise Hill Resources Ltd. depicts that Performance (Week) is -2.6 percent while Performance Month is 8.71%. Quarterly performance shows a value of 9.42% and Half Year Performance value stands at 19.08%. Yearly performance of the stock has the value of 32.68 percent. Turquoise Hill Resources Ltd. has its YTD performance of 32.68 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 9 Nov 2016 where General Counsel Short (Johnathan Huston) did a transaction type “Sell” in which 6900 shares were traded at a price of $58. Another insider trade includes General Counsel Short (Johnathan Huston) who also initiated a transaction in which 9335 shares were traded on 8 Nov 2016 as “Sell”. On 1 Nov 2016 President Vice (Charles A) traded 1500 shares as “Buy” at $112.48. President Vice (Charles A) Sell 1000 shares on 1 Nov 2016 at the price of $264.52.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm RBC Capital Mkts on 18-Jul-16 who Initiated the stock  to Sector Perform. Other firms have also Upgraded/Downgraded the stock. On 9-Nov-15, Macquarie took an action “Upgrade” from Neutral to Outperform. On 26-May-15, the stock was Upgrade to Neutral by BofA/Merrill.