TransUnion (NYSE: TRU) – Time For Strategy Change?

TransUnion (NYSE:TRU) currently has a daily average trading volume of 1.50M but it saw 2334092 shares traded in last market. With a market cap of 15.08B USD, the company’s current market price of $77.63 came falling about -2.71 while comparing to the previous closing price of $79.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $82.91 and as low as $42.09.

Taking a look at 20-day trading activity of TransUnion (TRU) gives us an average price of $77.18, while its current price level is -6.37% below from 52-week high level whereas it is 84.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $75.61 while that of 200 days or SMA-200 reads an average of $70.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.00% during that period while stretching the period over a month that decreases to 2.60%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.93 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on June 20, 2024 while assigning a price target of $92. BofA Securities issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $65 and $90.

Over the week, TRU’s stock price is moving -2.07% down while it is 2.75% when we observe its performance for the past one month. Year-to-date it is 12.98% up and over the past year, the stock is showing a downside performance of -1.70%.

Currently, TransUnion’s total number of outstanding shares is 193.80M. Company’s return on investment (ROI) stands at -2.06% and return on equity (ROE) at -4.65%. It has a 17.00 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 3.70 while price to sale or P/S ratio amounts to 3.85. Its return on asset (ROA) is -1.71% on average.