News stories about Tronox (NYSE:TROX) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tronox earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 44.560923049844 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several brokerages recently weighed in on TROX. JPMorgan Chase & Co. began coverage on shares of Tronox in a research report on Tuesday, October 24th. They set an “overweight” rating and a $30.00 price target for the company. ValuEngine downgraded shares of Tronox from a “hold” rating to a “sell” rating in a research report on Wednesday, December 6th.
Tronox (NYSE TROX) opened at $20.61 on Wednesday. The firm has a market cap of $2,575.29, a price-to-earnings ratio of -14.72 and a beta of 3.40. Tronox has a one year low of $11.04 and a one year high of $28.40. The company has a debt-to-equity ratio of 3.45, a quick ratio of 6.91 and a current ratio of 8.44.
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Tronox Company Profile
Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. It primarily operates in two segments, TiO2 and Alkali. The TiO2 segment engages in the exploration, mining, and beneficiation of mineral sands deposits.
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