Tron (NASDAQ:TRON) Announces Earnings Results

Tron (NASDAQ:TRONGet Free Report) issued its earnings results on Monday. The company reported ($0.01) EPS for the quarter, Zacks reports. Tron had a negative net margin of 30.45% and a negative return on equity of 4.12%.

Tron Price Performance

Tron stock traded down $0.01 during midday trading on Monday, hitting $2.24. The company’s stock had a trading volume of 1,408,151 shares, compared to its average volume of 5,317,889. The company has a market cap of $74.97 million, a price-to-earnings ratio of -11.79 and a beta of 13.33. The company has a 50-day moving average price of $2.94 and a two-hundred day moving average price of $4.12. Tron has a 1-year low of $0.26 and a 1-year high of $12.80.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tron in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Tron currently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on TRON

Tron Company Profile

(Get Free Report)

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

Earnings History for Tron (NASDAQ:TRON)

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