Tron Inc. (NASDAQ:TRON – Get Free Report)’s share price fell 6.2% during trading on Wednesday . The stock traded as low as $2.10 and last traded at $2.13. 181,585 shares were traded during mid-day trading, a decline of 84% from the average session volume of 1,116,500 shares. The stock had previously closed at $2.27.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Tron in a research note on Friday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
View Our Latest Analysis on TRON
Tron Price Performance
Tron (NASDAQ:TRON – Get Free Report) last posted its earnings results on Wednesday, March 25th. The company reported ($0.21) earnings per share (EPS) for the quarter. The business had revenue of $1.20 million during the quarter. Tron had a negative net margin of 354.61% and a negative return on equity of 26.14%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC bought a new position in shares of Tron in the 4th quarter valued at approximately $52,000. Squarepoint Ops LLC bought a new stake in Tron during the fourth quarter worth approximately $80,000. Engineers Gate Manager LP acquired a new position in Tron during the fourth quarter valued at approximately $84,000. State Street Corp bought a new position in shares of Tron in the fourth quarter valued at approximately $90,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of Tron in the fourth quarter valued at approximately $116,000. 28.03% of the stock is owned by institutional investors.
Tron Company Profile
SRM Entertainment, Inc designs, manufactures, and sells toys and souvenirs to theme parks. It sells its products through amusement parks, entertainment venues, and theme hotels in the United States, China, Japan, and internationally. The company was incorporated in 2022 and is based in Jupiter, Florida.
See Also
Receive News & Ratings for Tron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tron and related companies with MarketBeat.com's FREE daily email newsletter.
