Is Tronox Limited (TROX)’s Fuel For Real? The Stock Just Increased Again

December 7, 2017 - By Adrian Mccoy

Investors sentiment increased to 1.08 in 2017 Q2. Its up 0.04, from 1.04 in 2017Q1. It is positive, 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.
Spark Invest Management Limited Liability Com holds 0.33% or 358,400 shares in its portfolio. Thompson Siegel & Walmsley Limited Liability Company has invested 0% in Tronox Limited (NYSE:TROX). Ameritas Inv Prns Inc reported 0% in Tronox Limited (NYSE:TROX). Schneider Capital Mngmt holds 600,259 shares or 1.81% of its portfolio. Fmr Ltd holds 0.02% or 9.70 million shares in its portfolio. Fine Cap Limited Partnership reported 4.53M shares. Principal Grp, a Iowa-based fund reported 12,164 shares. Luminus Mgmt Ltd Co invested 0.02% of its portfolio in Tronox Limited (NYSE:TROX). First Manhattan has 300 shares for 0% of their portfolio. Invesco Limited, a Georgia-based fund reported 159,054 shares. Ancora Advisors Ltd Company owns 233,708 shares or 0.23% of their US portfolio. Susquehanna Llp holds 0% or 90,127 shares in its portfolio. Manufacturers Life Insur The has invested 0% in Tronox Limited (NYSE:TROX). 77,375 are held by Stifel Fincl. Sir Capital Mgmt Lp owns 0.71% invested in Tronox Limited (NYSE:TROX) for 312,162 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 EPS, up 78.57 % or $0.11 from last year’s $-0.14 per share. After $0.08 actual EPS 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 Monday, June 26 by Alembic. The firm earned “Sell” rating on Wednesday, April 6 by UBS. J.P. Morgan initiated the shares of TROX in report on Tuesday, October 24 with “Buy” rating. The firm earned “Buy” rating on Monday, July 31 by Alembic. As per Tuesday, August 8, the company rating was maintained by Alembic. The firm has “Sell” rating given on Thursday, August 4 by UBS. The firm has “Buy” rating given on Monday, June 5 by Alembic. RBC Capital Markets maintained it with “Outperform” rating and $16 target in Thursday, August 13 report. The firm has “Sell” rating by UBS given on Friday, October 13. UBS maintained Tronox Limited (NYSE:TROX) on Thursday, November 9 with “Sell” rating.

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