Analyst Opinion On How To Bet On Tronox Limited (TROX), Uranium Energy Corp. (UEC)

Tronox Limited (NYSE:TROX) recently saw its volume around 1.25 million shares and on average it trades 1.89 million shares a day. The opening price of $19.86, led it to gain -0.1% to reach $19.8 upon the closing bell.

Tronox Limited (TROX) Analyst Opinion

Tronox Limited has a consensus hold rating from 5 Wall Street analysts, and the number of shares currently sold short amount to at least 4.48% of shares outstanding. The stock sank -2.99% last month and is down -3.46 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover TROX having a buy-equivalent rating. Analysts have placed a $25.6 price target on Tronox Limited, suggesting a 29.29% gain from recent close. It’s currently trading about -30.28% below its 52-week high.

Tronox Limited Earnings Surprise

Tronox Limited (TROX) surprised the stock market in its last reported earnings when it earned $0.08 a piece versus the consensus-estimated 0. Its revenue totaled $425.95 million down -31.52% from the previous quarter.

Tronox Limited (NYSE:TROX) Intraday View

This stock (TROX) is ahead of its 52-week low with 68.8%. Its last month’s stock price volatility remained 5.32% which for the week stands at 4.09%. The share price has moved backward from its 20 days moving average, trading at a distance of -5% and stays -10.48% away from its 50 days moving average. Over the last five days, shares have faced -9.22% losses and now is down -2.22% since hitting its 200-day moving average of $22.26. Tronox Limited (TROX) has made its way to a 12-month gain of 61.76%.

Turning to Uranium Energy Corp. (NYSE:UEC), its shares were trading at $1.55 a retreat of $-0.02, on the trading floor. The stock, after opening at $1.58, touched a high of $1.61 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. Uranium Energy Corp. has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -22.5% from its high of $2.00 to a $245.13 million market value through last close.

Uranium Energy Corp. (UEC) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.2 to 2.2 during a month. Analysts set a 12-month price target of $2.65 a share. The target implies a 70.97% spike from where the shares are currently trading. Also, the current price highlights a discount of 164.52% to analysts’ high consensus price target.

Uranium Energy Corp. (NYSE:UEC) Intraday Trading

The counter witnessed a trading volume of 0.81 million shares versus an average volume of 1.68 million shares during last trading session. Its last month’s stock price volatility remained 5.24% which for the week approaches 6.76%. The lowest price the stock reached in the last trading day was $1.55 and compares with the $0.96 52-week low. The stock recovered 61.46% since its low point and has performed -12.43% year-to-date.

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