Trinseo PLC (TSE) concluded trading on Wednesday at a closing price of $4.64, with 0.45 million shares of worth about $2.07 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 90.95% during that period and on January 08, 2025 the price saw a loss of about -7.75%. Currently the company’s common shares owned by public are about 35.40M shares, out of which, 33.39M shares are available for trading.
Stock saw a price change of -9.02% in past 5 days and over the past one month there was a price change of 2.88%. Year-to-date (YTD), TSE shares are showing a performance of -9.02% which decreased to -37.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.93 but also hit the highest price of $7.49 during that period. The average intraday trading volume for Trinseo PLC shares is 396.82K. The stock is currently trading -12.63% below its 20-day simple moving average (SMA20), while that difference is up 1.49% for SMA50 and it goes to 21.46% higher than SMA200.
Trinseo PLC (NYSE: TSE) currently have 35.40M outstanding shares and institutions hold larger chunk of about 73.64% of that.
The stock has a current market capitalization of $164.26M and its 3Y-monthly beta is at 1.54. It has posted earnings per share of -$14.05 in the same period. It has Quick Ratio of 0.84. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TSE, volatility over the week remained 7.83% while standing at 11.54% over the month.
Analysts are in expectations that Trinseo PLC (TSE) stock would likely to be making an EPS of -2.41 in the current quarter, while forecast for next quarter EPS is -0.87 and it is -3.75 for next year. For the current quarter EPS, analysts have given the company a lowest target -2.53 which is -2.3 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -2.99 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -0.80% while it is estimated to increase by 46.62% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on October 04, 2023 offering a Hold rating for the stock and assigned a target price range of between $22 and $9 to it. Coverage by Deutsche Bank stated Trinseo PLC (TSE) stock as a Hold in their note to investors on August 11, 2022, suggesting a price target of $34 for the stock. On March 30, 2022, Deutsche Bank Resumed their recommendations, while on July 21, 2021, TD Securities Upgrade their ratings for the stock with a price target of $72. Stock get an Equal-weight rating from Morgan Stanley on May 26, 2021.
