Should You Buy Torm PLC (TRMD) Stock Thursday Morning?

Torm PLC (TRMD) is lower by Thursday morning, with the stock declining -1.75% in pre-market trading to 33.11. TRMD's short-term technical score of 31 indicates that the stock has traded less bullishly over the last month than 69% of stocks on the market. In the Oil & Gas Midstream industry, which ranks 19 out of 146 industries, the stock ranks higher than 17% of stocks. Torm PLC has fallen 1.40% over the past month, closing at $33.59 on February 22. During this period of time, the stock fell as low as $32.64 and as high as $35.32. TRMD has an average analyst recommendation of Strong Buy. The company has an average price target of $44.00.

TRMD has an Overall Score of 40. Find out what this means to you and get the rest of the rankings on TRMD!

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Torm PLC has a Long-Term Technical rank of 54. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 46% of the market scoring higher. In the Oil & Gas Midstream industry which is number 24 by this metric, TRMD ranks better than 24% of stocks.

Important Dates for Investors in TRMD:

-Torm PLC is set to release earnings on 2024-05-09. Over the last 12 months, the company has reported EPS of $8.10. -Torm PLC has a dividend yield of 0.079323416 with their ex-dividend date set for 4/15/2024. Click Here To Get The Full Report on Torm PLC (TRMD)