|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's range||7.61 - 7.91|
|52-week range||3.97 - 12.40|
|Beta (5Y monthly)||3.06|
|PE ratio (TTM)||74.52|
|Earnings date||30 Jul 2020|
|Forward dividend & yield||0.28 (3.61%)|
|Ex-dividend date||17 Aug 2020|
|1y target est||10.75|
Tronox (TROX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Metal-maker stocks exploded higher on Wednesday, with shares of aluminum producers Alcoa (NYSE: AA) and Century Aluminum (NASDAQ: CENX) climbing 11.4% and 10.7%, respectively, while titanium producer Tronox (NYSE: TROX) closed 10.3% higher. The aluminum producers' rise is easier to explain than Tronox's jump. Bloomberg reported today that China, historically a large aluminum exporter and the source of about 50% of all aluminum produced globally, is shifting into import mode.
Tronox's (TROX) first-quarter TiO2 sales were boosted by contributions from the acquired operations of Cristal.