Ternium S.A. ADR (NYSE:TX) currently has a daily average trading volume of 177.01K but it saw 207298 shares traded in last market. With a market cap of 5.69B USD, the company’s current market price of $28.98 came falling about -1.43 while comparing to the previous closing price of $29.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.44 and as low as $28.40. In the recent trading on the day, stock has struck highest price mark of $28.755 while lowest mark touched by it was $29.3.
Taking a look at 20-day trading activity of Ternium S.A. ADR (TX) gives us an average price of $29.71, while its current price level is -34.79% below from 52-week high level whereas it is 2.04% 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 $32.19 while that of 200 days or SMA-200 reads an average of $36.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.00% during that period while stretching the period over a month that increases to 2.46%. 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 35.71 which implies that the stock is in neutral territory.
BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on June 12, 2023 while assigning a price target range of $56-$47. Itau BBA issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $40 and $49.
Over the week, TX’s stock price is moving -0.34% down while it is -8.03% when we observe its performance for the past one month. Year-to-date it is -0.34% down and over the past year, the stock is showing a downside performance of -29.02%.
Currently, Ternium S.A. ADR’s total number of outstanding shares is 196.31M. Company’s return on investment (ROI) stands at 0.61% and return on equity (ROE) at 0.69%. It has a price to earnings ratio (P/E ratio) of 67.92 while having a 4.31 of forward P/E ratio. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 0.48 while price to sale or P/S ratio amounts to 0.31. Its return on asset (ROA) is 0.35% on average.
