Torm Plc (NASDAQ:TRMD) shares, rose in value on Friday, June 20, with the stock price down by -1.46% to the previous day’s close as strong demand from buyers drove the stock to $18.92.
Actively observing the price movement in the last trading, the stock closed the session at $19.20, falling within a range of $18.9 and $19.37. The value of beta (5-year monthly) was -0.051 whereas the PE ratio was 3.96 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 3.84% over the past month.
With the market capitalization of Torm Plc currently standing at about $1.84 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 21.14%.
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 Hold 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 Hold.
The stock’s technical analysis shows that the price of TRMD currently trading nearly 9.32% and 12.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.00, while the 7-day volatility ratio is showing 2.83% which for the 30-day chart, stands at 2.82%. Furthermore, Torm Plc (TRMD)’s beta value is 0.06, and its average true range (ATR) is 0.60.
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 -1.46% in last session, and over the past year, it shrunk by -45.29%%.
Data on historical trading for Torm Plc (NASDAQ:TRMD) indicates that the trading volumes over the past 10 days have averaged 0.86 and over the past 3 months, they’ve averaged 836.82K. 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 60.34% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.36 million shares as on 2025-05-30, resulting in a short ratio of 4.25. According to the data, the short interest in Torm Plc (TRMD) stood at 586.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 4.48 million. The stock has fallen by -2.72% 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.
