Trending stocks today
TORM plc (TRMD-Q)
NASDAQ:TRMD
32.12
0.20
(0.63%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
The reviews for TORM plc (TRMD-Q) indicate skepticism towards the high yield of the stock. While some experts consider the yield too good to be true, others may be cautious about potential risks or inconsistencies related to this. The company's financials and market performance may raise questions about the sustainability and reliability of the yield, leading to varying opinions among experts. Overall, there seems to be a degree of uncertainty regarding the stock's yield and its potential implications for investors.
$33.890
Unknown
The yield is too good to be true.
- «
- ‹
- 1
- ›
- »
TORM plc(TRMD-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 1
TORM plc(TRMD-Q) Frequently Asked Questions
What is TORM plc stock symbol?
TORM plc is a American stock, trading under the symbol TRMD-Q on the NASDAQ (TRMD). It is usually referred to as NASDAQ:TRMD or TRMD-Q
Is TORM plc a buy or a sell?
In the last year, 1 stock analyst published opinions about TRMD-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TORM plc.
Is TORM plc a good investment or a top pick?
TORM plc was recommended as a Top Pick by on . Read the latest stock experts ratings for TORM plc.
Why is TORM plc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is TORM plc worth watching?
In the last year, there was no coverage of TORM plc published on Stockchase.
What is TORM plc stock price?
On 2024-10-10, TORM plc (TRMD-Q) stock closed at a price of $32.12.
TRMD operates a fleet of refined product tankers in the UK. Recently reported earnings beat expectations. Cash reserves are growing while debt is retired. The company distributes a large portion of its earnings back as dividends and its current interim yield reflects profits from vessels sold. It trades at 5x earnings, under 2x book and supports a ROE of 39%. We recommend setting a stop-loss at $28, looking to achieve $45 -- upside potential over 30%. Yield 16%
(Analysts’ price target is $44.83)