Stocks Movement Analysis: Tronox Limited (NYSE:TROX)


Tronox Limited (NYSE:TROX) retreated -0.35% and closed its last session at $11.34. The stock has the market capitalization of $1.32 Billion with the total outstanding shares of 116.3 Million. Tronox Limited. has Analysts’ Mean Recommendation of 5 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 0 for trailing twelve months while its Forward P/E is 0.

Tronox Limited (NYSE:TROX) touched its 52-Week High of $11.78 on Nov 30, 2016 while it’s 52-Week Low of $2.79 on Jan 20, 2016. The company currently has Return on Assets of -5.5 percent, Return on Equity of -29.6% and Return on Investment of -3.9 percent. The stock currently showing Weekly Volatility of 4.42%% and Monthly Volatility of 6.97% Percent with Average True Range of 0.59 and Beta of 2.9.

The 2 analysts offering 12-month price forecasts for Tronox Ltd have a median target of 8.50, with a high estimate of 11.00 and a low estimate of 6.00. The median estimate represents a -25.04% decrease from the last price of 11.34.

Press Release:

The Company on 7 November declared, effective January 1, 2017 or as contract terms permit, its Tronox Alkali business will increase list and off-list prices for all U.S. Pharmacopeia (USP) and Industrial grade sodium bicarbonate products by $15 per ton, Free On Board, Green River, Wyo., USA.

This price increase is necessary to cover increased manufacturing and regulatory compliance costs.

Company Profile:

Tronox Incorporated is a producer and marketer of titanium products. Products offered by the Company includes: titanium ore and titanium dioxide (TiO2); mineral sands products; and electrolytic and speciality chemicals. Titanium products offered by Tronox find its application in paints, coatings and plastics. The electrolytic and specialty chemicals find s application in the paper and battery industries. Tronox’s mineral sands operations consist of two product streams – titanium feedstock, which includes ilmenite, natural rutile, titanium slag and synthetic rutile; and zircon, which is contained in the mineral sands extracted to capture natural titanium feedstock.  Tronox operates three separate mining operations: KZN Sands and Namakwa Sands located in South Africa and Perth in Western Australia. Production of electrolytic and specialty chemicals is carried out in United States. Tronox Incorporated is based in Oklahoma City, Oklahoma.