Tronox Limited (TROX) : Traders are bullish on Tronox Limited (TROX) as it has outperformed the S&P 500 by a wide margin of 36.58% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 30.72%, 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 32.67% in the last 1 week, and is up 42.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 39.13% and the 50-Day Moving Average is 33.9%.
Tronox Limited (NYSE:TROX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.56 and $6.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.70, notching a gain of 2.92% for the day. The total traded volume was 1,448,484 . The stock had closed at $6.51 on the previous day.
The company Insiders own 1.7% of Tronox Limited shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 1.13% . Institutional Investors own 97.42% of Tronox Limited shares. During last six month period, the net percent change held by insiders has seen a change of 3.39%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the (SVP, SP & BD) of Tronox Ltd, Van Niekerk Willem Hendrik had purchased shares worth of $10,220 in a transaction dated on May 12, 2016. A total of 2,000 shares were purchased at a price of $5.11 per share. The information is based on open market trades at the market prices.Option exercises are not covered.