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Tronox (TROX) Soars: Stock Adds 7.1% in Session
Tronox Limited (TROX - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 25.6% in the past one-month time frame.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tronox. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Tronox currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Tronox Limited Price
Tronox Limited Price | Tronox Limited Quote
A better-ranked stock in the Basic Materials sector is Daqo New Energy Corp. (DQ - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is TROX going up? Or down? Predict to see what others think: Up or Down
Wall Street’s Next Amazon
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