Tronox Limited (TROX) Shares are Up 12.74%

Tronox Limited (TROX) : Traders are bullish on Tronox Limited (TROX) as it has outperformed the S&P 500 by a wide margin of 13.75% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 12.68%, 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 12.74% in the last 1 week, and is up 14.93% 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 12.81% and the 50-Day Moving Average is 36.04%. Tronox Limited (NYSE:TROX): On Fridays trading session , Opening price of the stock was $7.85 with an intraday high of $7.98. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $7.42. However, the stock managed to close at $7.7, a loss of 2.28% for the day. On the previous day, the stock had closed at $7.88. The total traded volume of the day was 861,637 shares.


The company Insiders own 1.7% of Tronox Limited shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of 3.84%. Also, Equity Analysts at the UBS maintains the rating on Tronox Limited (NYSE:TROX). The brokerage firm has issued a Sell rating on the shares. The Analysts at the ratings agency raises the price target from $3.5 per share to $3.75 per share. The rating by the firm was issued on August 4, 2016.

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