Torm Plc (NASDAQ:TRMD) shares, rose in value on Friday, July 11, with the stock price up by 2.30% to the previous day’s close as strong demand from buyers drove the stock to $18.23.
Actively observing the price movement in the last trading, the stock closed the session at $17.82, falling within a range of $17.95 and $18.305. The value of beta (5-year monthly) was -0.051 whereas the PE ratio was 3.82 over 12-month period. Referring to stock’s 52-week performance, its high was $40.47, and the low was $13.60. On the whole, TRMD has fluctuated by 6.98% over the past month.
With the market capitalization of Torm Plc currently standing at about $1.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08. The company’s Forward Dividend Ratio is 4.00, with its dividend yield at 21.94%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TRMD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of TRMD currently trading nearly 2.25% and 5.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.28, while the 7-day volatility ratio is showing 2.69% which for the 30-day chart, stands at 2.92%. Furthermore, Torm Plc (TRMD)’s beta value is 0.03.
A comparison of Torm Plc (TRMD) with its peers suggests the former has fared considerably weaker in the market. TRMD showed an intraday change of 2.30% in last session, and over the past year, it shrunk by -6.27%%.
Data on historical trading for Torm Plc (NASDAQ:TRMD) indicates that the trading volumes over the past 10 days have averaged 0.89 and over the past 3 months, they’ve averaged 802.38K. According to company’s latest data on outstanding shares, there are 97.80 million shares outstanding.
Nearly 41.44% of Torm Plc’s shares belong to company insiders and institutional investors own 60.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.59 million shares as on 2025-06-13, resulting in a short ratio of 4.44. According to the data, the short interest in Torm Plc (TRMD) stood at 627.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 3.62 million. The stock has fallen by -50.97% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TRMD stock heading into the next quarter.
