Thomson-Reuters Corp (NYSE:TRI) shares, rose in value on Friday, February 14, with price down by -2.93% to the previous day’s close as strong demand from buyers drove the stock to $173.69.
Actively observing the price movement in the last trading, the stock closed the session at $178.94, falling within a range of $173.69 and $179.13. The value of beta (5-year monthly) was 0.368 whereas the PE ratio was 35.48 over 12-month period. Referring to stock’s 52-week performance, its high was $179.45, and the low was $149.50. On the whole, TRI has fluctuated by 10.13% over the past month.
With the market capitalization of Thomson-Reuters Corp currently standing at about $78.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.16, with its dividend yield at 1.24%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.55B, with a low estimate of 1.91B and a high estimate of 2B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.94B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TRI’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of TRI currently trading nearly 2.33% and 4.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.99, while the 7-day volatility ratio is showing 1.73% which for the 30-day chart, stands at 1.99%. Furthermore, Thomson-Reuters Corp (TRI)’s beta value is 0.72, and its average true range (ATR) is 3.46.
A comparison of Thomson-Reuters Corp (TRI) with its peers suggests the former has fared considerably weaker in the market. TRI showed an intraday change of -2.93% in last session, and over the past year, it grew by 13.93%%.
Data on historical trading for Thomson-Reuters Corp (NYSE:TRI) indicates that the trading volumes over the past 10 days have averaged 0.55 and over the past 3 months, they’ve averaged 321.62K. According to company’s latest data on outstanding shares, there are 449.92 million shares outstanding.
Nearly 66.93% of Thomson-Reuters Corp’s shares belong to company insiders and institutional investors own 21.18% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.07 million shares as on 2025-01-31, resulting in a short ratio of 4.05. The stock has risen by 8.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TRI stock heading into the next quarter.
