What Will Happen to Tronox Limited (TROX) Next? The Stock Just Increased A Lot

December 7, 2017 - By Marie Mckinney

Investors sentiment increased to 1.08 in 2017 Q2. Its up 0.04, from 1.04 in 2017Q1. It improved, as 22 investors sold Tronox Limited shares while 44 reduced holdings. 28 funds opened positions while 43 raised stakes. 59.37 million shares or 4.43% more from 56.85 million shares in 2017Q1 were reported.
Vanguard Grp holds 0% of its portfolio in Tronox Limited (NYSE:TROX) for 5.31M shares. Deutsche Fincl Bank Ag reported 0.01% in Tronox Limited (NYSE:TROX). Nationwide Fund Advsr owns 50,864 shares for 0% of their portfolio. Bnp Paribas Arbitrage Sa has 0% invested in Tronox Limited (NYSE:TROX) for 27,046 shares. Portolan Cap Ltd Liability Corp holds 0.67% or 343,515 shares. Hutchin Hill L P has invested 0.12% in Tronox Limited (NYSE:TROX). Voya Inv Ltd owns 30,097 shares. Susquehanna Grp Llp has invested 0% in Tronox Limited (NYSE:TROX). Moreover, Moon Capital Mgmt Lp has 1.3% invested in Tronox Limited (NYSE:TROX). Eagle Boston Mngmt Inc holds 0.06% or 37,073 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Tronox Limited (NYSE:TROX). Ancora Advsrs Limited Company invested 0.23% in Tronox Limited (NYSE:TROX). Strs Ohio, a Ohio-based fund reported 800 shares. Thompson Siegel & Walmsley Ltd Llc owns 11,700 shares. Prelude Cap Ltd Limited Liability Company reported 0% stake.

The stock of Tronox Limited (NYSE:TROX) is a huge mover today! The stock increased 7.09% or $1.32 during the last trading session, reaching $19.95. About 5.19M shares traded or 165.03% up from the average. Tronox Limited (NYSE:TROX) has risen 311.09% since December 7, 2016 and is uptrending. It has outperformed by 294.39% the S&P500.
The move comes after 7 months positive chart setup for the $2.39 billion company. It was reported on Dec, 7 by Barchart.com. We have $20.55 PT which if reached, will make NYSE:TROX worth $71.67M more.

Analysts await Tronox Limited (NYSE:TROX) to report earnings on February, 20. They expect $-0.03 earnings per share, up 78.57 % or $0.11 from last year’s $-0.14 per share. After $0.08 actual earnings per share reported by Tronox Limited for the previous quarter, Wall Street now forecasts -137.50 % negative EPS growth.

Tronox Limited (NYSE:TROX) Ratings Coverage

Among 6 analysts covering Tronox (NYSE:TROX), 5 have Buy rating, 1 Sell and 0 Hold. Therefore 83% are positive. Tronox had 15 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Thursday, November 9 by UBS. The stock of Tronox Limited (NYSE:TROX) has “Buy” rating given on Monday, July 31 by Alembic. B. Riley & Co downgraded Tronox Limited (NYSE:TROX) on Thursday, August 6 to “Neutral” rating. The rating was maintained by Alembic on Monday, June 26 with “Buy”. Alembic maintained Tronox Limited (NYSE:TROX) on Monday, October 23 with “Buy” rating. As per Monday, June 5, the company rating was maintained by Alembic. The firm has “Sell” rating by UBS given on Thursday, August 4. The firm earned “Buy” rating on Tuesday, October 24 by J.P. Morgan. As per Wednesday, April 6, the company rating was downgraded by UBS. The firm has “Buy” rating by Alembic given on Tuesday, August 8.

More important recent Tronox Limited (NYSE:TROX) news were published by: Reuters.com which released: “BRIEF-Tronox Ltd names Jeffry Quinn as CEO” on November 16, 2017, also Prnewswire.com published article titled: “Tronox To Vigorously Fight FTC Lawsuit”, Nasdaq.com published: “Tronox Enters Oversold Territory (TROX)” on December 06, 2017. More interesting news about Tronox Limited (NYSE:TROX) was released by: Nasdaq.com and their article: “Tronox Limited (TROX) Ex-Dividend Date Scheduled for November 17, 2017” with publication date: November 16, 2017.

Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide pigment in North America, Europe, South Africa, and the Asia-Pacific region. The company has market cap of $2.39 billion. It primarily operates in two divisions, TiO2 and Alkali. It has a 50 P/E ratio. The TiO2 segment engages in the exploration, mining, and beneficiation of mineral sands deposits.

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