Could Tronox Limited (TROX) Lose Strenght? The Stock Increases A Lot Today

December 7, 2017 - By Winifred Garcia

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.
Creative Planning accumulated 167,429 shares or 0.01% of the stock. Millennium Mngmt Ltd Liability Corporation has 0.02% invested in Tronox Limited (NYSE:TROX). Dimensional Fund Advisors Lp reported 0.03% stake. Airain Limited holds 0.01% of its portfolio in Tronox Limited (NYSE:TROX) for 16,837 shares. Price T Rowe Associates Md reported 31,883 shares. First Mercantile Com has 0.04% invested in Tronox Limited (NYSE:TROX). 338,678 were accumulated by D E Shaw And. Grp Inc One Trading Limited Partnership invested in 24,543 shares or 0% of the stock. 4.05 million were reported by Blackrock Inc. Ameriprise Fincl Inc owns 534,519 shares. Trexquant Investment L P holds 0.09% of its portfolio in Tronox Limited (NYSE:TROX) for 21,600 shares. Citadel Advsr Ltd Liability Com holds 0% or 20,855 shares in its portfolio. Portolan Capital Mngmt Ltd Liability Corp has 343,515 shares. Wells Fargo Mn holds 77,900 shares. Credit Suisse Ag accumulated 0% or 32,615 shares.

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 firm earned “Sell” rating on Thursday, November 9 by UBS. The rating was maintained by Alembic on Tuesday, August 8 with “Buy”. Alembic maintained the shares of TROX in report on Monday, June 26 with “Buy” rating. Alembic maintained the stock with “Buy” rating in Monday, June 5 report. The stock has “Buy” rating by J.P. Morgan on Tuesday, October 24. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, August 13. The rating was maintained by UBS on Thursday, August 4 with “Sell”. The rating was maintained by UBS on Friday, October 13 with “Sell”. The rating was downgraded by B. Riley & Co to “Neutral” on Thursday, August 6. The firm has “Buy” rating given on Monday, October 23 by Alembic.

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 Nasdaq.com published article titled: “Tronox Limited (TROX) Ex-Dividend Date Scheduled for November 17, 2017”, Prnewswire.com published: “Tronox To Vigorously Fight FTC Lawsuit” on December 06, 2017. More interesting news about Tronox Limited (NYSE:TROX) was released by: Nasdaq.com and their article: “Tronox Enters Oversold Territory (TROX)” with publication date: December 06, 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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