Tronox Limited (NYSE:TROX): A worthy Investment or not?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Tronox Limited (NYSE:TROX) for the period of 9-Day stands at 58.01% while the stochastic %D for the same period stands at 48.21%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Tronox Limited (NYSE:TROX) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Tronox Limited (NYSE:TROX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Tronox Limited (NYSE:TROX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Tronox Incorporated is a producer and marketer of titanium products. Products offered by the Company includes: titanium ore and titanium dioxide (TiO2); mineral sands products; and electrolytic and speciality chemicals. Titanium products offered by Tronox find its application in paints, coatings and plastics. The electrolytic and specialty chemicals find s application in the paper and battery industries. Tronox’s mineral sands operations consist of two product streams – titanium feedstock, which includes ilmenite, natural rutile, titanium slag and synthetic rutile; and zircon, which is contained in the mineral sands extracted to capture natural titanium feedstock.  Tronox operates three separate mining operations: KZN Sands and Namakwa Sands located in South Africa and Perth in Western Australia. Production of electrolytic and specialty chemicals is carried out in United States. Tronox Incorporated is based in Oklahoma City, Oklahoma.

Previous Day Activity Analysis

On the last trading day, Tronox Limited (NYSE:TROX) opened the session at $26.74 and after going up 0.22% closed at $26.8. The stock gained 0.06 points in the last trade.

Tronox Limited (NYSE:TROX)’s stock fluctuated in the range of $25.88 and $28.40 during the previous active session. Tronox Limited (NYSE:TROX) traded with the volume of 2.58 Million with average volume of 1.48 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 3.46 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.12 and 59.69 respectively.

Currently the Insider Ownership of the shares of Tronox Limited (NYSE:TROX) is at 0.8% and the shares outstanding are 120.58 Million.

Important Ratio Analysis

Some important ratios to consider here for Tronox Limited (NYSE:TROX) are discussed below:

Dividend yield of Tronox Limited (NYSE:TROX) stands at 0.67% whereas Price to Earnings P/E ratio stands at 70.71 while Forward P/E shows the value of 24.66.

The Price to Sale P/S and Price to Book P/B shows the value of 1.42 and 3.15 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.67 and 23.76 correspondingly.

The Quick Ratio of Tronox Limited (NYSE:TROX) stands at 1.5 while the Current Ratio depicts the value of 2.4.

Return on Assets ROA of Tronox Limited (NYSE:TROX) is at 0.9% whereas, Return on Equity ROE and Return of Investment ROI of Tronox Limited (NYSE:TROX) stand at 4.5% and 3.8% respectively.

The payout ratio of Tronox Limited (NYSE:TROX) stands at 47.5%.

Stock Performance Analysis

The stock performance of Tronox Limited (NYSE:TROX) on the basis of 5 day trade show the jump of 3.16% whereas, the monthly performance of the stock shows increase of 2.37%.

The quarterly performance of the stock remained in green zone with the value of 36.11% while six month performance of the shares of Tronox Limited (NYSE:TROX) remained bullish with the count of 44.4%.

The yearly and YTD performance of Tronox Limited (NYSE:TROX) remained up at 180.63% and 159.94% respectively.