Stock of the Day: Tronox Ltd’s Trend Down, Especially After Today’s Weak Session

Stock of the Day: Tronox Ltd's Trend Down, Especially After Today's Weak Session

The stock of Tronox Ltd (NYSE:TROX) is a huge mover today! About 556,212 shares traded hands. Tronox Ltd (NYSE:TROX) has risen 59.72% since March 8, 2016 and is uptrending. It has outperformed by 50.41% the S&P500.
The move comes after 9 months negative chart setup for the $605.28M company. It was reported on Oct, 11 by We have $8.10 PT which if reached, will make NYSE:TROX worth $36.32M less.

Analysts await Tronox Ltd (NYSE:TROX) to report earnings on November, 2. They expect $-0.20 EPS, up 56.52% or $0.26 from last year’s $-0.46 per share. After $-0.43 actual EPS reported by Tronox Ltd for the previous quarter, Wall Street now forecasts -53.49% EPS growth.

Tronox Ltd (NYSE:TROX) Ratings Coverage

Out of 2 analysts covering Tronox (NYSE:TROX), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Tronox has been the topic of 5 analyst reports since August 6, 2015 according to StockzIntelligence Inc. UBS maintained it with “Sell” rating and $3.75 target price in Thursday, August 4 report. The company was maintained on Thursday, August 13 by RBC Capital Markets. The stock of Tronox Ltd (NYSE:TROX) has “Neutral” rating given on Thursday, August 6 by B. Riley & Co. On Wednesday, April 6 the stock rating was downgraded by UBS to “Sell”.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment decreased to 1.17 in Q2 2016. Its down 0.02, from 1.19 in 2016Q1. The ratio turned negative, as 21 funds sold all Tronox Ltd shares owned while 31 reduced positions. 23 funds bought stakes while 38 increased positions. They now own 60.21 million shares or 3.04% less from 62.10 million shares in 2016Q1.
National Bank Of New York Mellon Corporation owns 265,072 shares or 0% of their US portfolio. Morgan Stanley, a New York-based fund reported 25,221 shares. Messner And Smith Theme Value Invest Mgmt Limited Ca accumulated 2,484 shares or 0.02% of the stock. New York State Common Retirement Fund holds 0% or 58,000 shares in its portfolio. Renaissance Tech Lc has 45,100 shares for 0% of their US portfolio. Lasry Marc last reported 1.85% of its portfolio in the stock. The Florida-based Deprince Race And Zollo has invested 0.14% in Tronox Ltd (NYSE:TROX). Gotham Asset Limited Liability Corporation owns 613,961 shares or 0.03% of their US portfolio. Sei Invests reported 221,355 shares or 0.01% of all its holdings. Principal Financial Group Inc Inc holds 0% of its portfolio in Tronox Ltd (NYSE:TROX) for 11,222 shares. Bank Of Montreal Can, a Ontario – Canada-based fund reported 174 shares. Moreover, Barclays Public Limited Com has 0% invested in Tronox Ltd (NYSE:TROX) for 9,036 shares. Ameriprise reported 1.49M shares or 0% of all its holdings. Gsa Cap Ltd Liability Partnership owns 304,096 shares or 0.07% of their US portfolio. Spark Management Ltd owns 474,600 shares or 0.2% of their US portfolio.

Insider Transactions: Since May 12, 2016, the stock had 1 buy, and 0 selling transactions for $10,216 net activity. $10,216 worth of Tronox Ltd (NYSE:TROX) shares were bought by van Niekerk Willem Hendrik.

More notable recent Tronox Ltd (NYSE:TROX) news were published by: which released: “Moody’s Downgrades Tronox one notch to B2; Outlook Negative” on November 06, 2015, also with their article: “BRIEF-Tronox Ltd says CFO Katherine Harper to leave” published on July 15, 2016, published: “DOW JONES, A NEWS CORP COMPANY” on June 21, 2011. More interesting news about Tronox Ltd (NYSE:TROX) were released by: and their article: “What Makes Tronox Limited (TROX) a Strong Sell?” published on August 06, 2015 as well as‘s news article titled: “Why Tronox Limited Moved 8% Higher Today” with publication date: February 03, 2015.

TROX Company Profile

Tronox Limited, incorporated on September 21, 2011, is engaged in the production and marketing of titanium bearing mineral sands and titanium dioxide (TiO2) pigment. The Firm also produces natural soda ash. The Firm operates through two divisions: TiO2 and Alkali. The Company’s TiO2 operating segment includes exploration, mining, and beneficiation of mineral sands deposits; production of titanium feedstock (including chloride slag, slag fines, and rutile), pig iron and zircon; production and marketing of TiO2, and electrolytic manganese dioxide manufacturing and marketing, which is primarily focused on battery materials and specialty boron products. The Company’s Alkali operating segment includes dry mining of trona ore underground; secondary recovery of trona from previously dry mined areas underground; refining of raw trona ore into soda ash and specialty sodium alkali products, and marketing, sale and distribution of alkali products.

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