In recent trading session, Turquoise Hill Resources Ltd. (NYSE:TRQ) saw 1,192,081 shares changing hands with its beta currently measuring 1.84. Company’s recent per share price level of $0.86 trading at $0 or 0.88% at recent trade assigns it a market valuation of $1.75 Billion. That current trading price of TRQ’s stock is at a discount of -12.79% from its 52-week high price of $0.97 and is indicating a premium of 65.12% from its 52-week low price of $0.3. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.59 Million shares which gives us an average trading volume of 2.84 Million if we extend that period to 3-months.
For Turquoise Hill Resources Ltd. (TRQ), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 3. Splitting up the data highlights that, out of 8 analysts covering the stock, 1 rated the stock as a Sell while none recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Turquoise Hill Resources Ltd. (NYSE:TRQ) trade information
Upright in the green today for gaining 0.88%, in the last five days TRQ remained trading in the green while hitting it’s week-highest on Monday, Aug 10 when the stock touched $0.896 price level, adding 3.81% to its value on the day. Turquoise Hill Resources Ltd.’s shares saw a change of 17.07% in year-to-date performance and have moved -1.42% in past 5-day. Turquoise Hill Resources Ltd. (NYSE:TRQ) showed a performance of 6.63% in past 30-days. Number of shares sold short was 19.67 Million shares which calculate 6.93 days to cover the short interests.
Turquoise Hill Resources Ltd. (TRQ) estimates and forecasts
Statistics highlight that Turquoise Hill Resources Ltd. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +32.63% of value to its shares in past 6 months, showing an annual growth rate of NA% while that of industry is NA. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -100% in the current quarter and calculating -50% decline in the next quarter. This year revenue growth is estimated to drop -21.8% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $253.77 Million for the same. And 2 analysts are in estimates of company making revenue of $285.5 Million in the next quarter that will end in March 01, 2018. Company posted $224.54 Million and $237.47 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 13% while estimating it to be 20.2% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -19.7% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -136.6% while estimates for its earnings growth in next 5 years are of 2%