Tronox Limited (NYSE:TROX) : Traders are bullish on Tronox Limited (NYSE:TROX) as it has outperformed the S&P 500 by a wide margin of 5.74% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.64%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.99% in the last 1 week, and is up 7.45% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -63.70% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $14.61 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $4.72 and the 200 Day Moving Average price is recorded at $5.02.
The stock has recorded a 20-day Moving Average of 10.84% and the 50-Day Moving Average is 2.01%.
Tronox Limited (NYSE:TROX): stock turned positive on Friday. Though the stock opened at $4.65, the bulls momentum made the stock top out at $5.06 level for the day. The stock recorded a low of $4.64 and closed the trading day at $5.05, in the green by 10.75%. The total traded volume for the day was 918,231. The stock had closed at $4.56 in the previous days trading.
In an insider trading activity, Van Niekerk Willem Hendrik, (SVP, SP & BD) of Tronox Ltd, executed a transaction worth $10,220 on May 12, 2016. A total of 2,000 shares were purchased at an average price of $5.11. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.