TOR Minerals International Inc (OTCMKTS:TORM – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 1,725 shares, an increase of 108.3% from the September 15th total of 828 shares. Based on an average trading volume of 8,481 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.
TOR Minerals International Trading Up 1.3%
Shares of TORM stock opened at $2.14 on Thursday. TOR Minerals International has a twelve month low of $0.77 and a twelve month high of $2.70. The stock’s fifty day simple moving average is $2.31 and its 200 day simple moving average is $2.03. The company has a quick ratio of 2.40, a current ratio of 4.94 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $7.58 million, a P/E ratio of -214.00 and a beta of 0.22.
TOR Minerals International (OTCMKTS:TORM – Get Free Report) last posted its earnings results on Friday, July 31st. The specialty chemicals company reported $0.03 EPS for the quarter. TOR Minerals International had a negative return on equity of 5.24% and a negative net margin of 2.53%. The firm had revenue of $6.49 million during the quarter.
TOR Minerals International Company Profile
TOR Minerals International, Inc was a specialty minerals company headquartered in Corpus Christi, Texas. The company developed, manufactured and marketed mineral-based products used as performance additives, extenders and pigments in industrial applications.
Its product portfolio historically included titanium dioxide extenders and other specialty mineral products designed for use in coatings, plastics, rubber, paper, adhesives and related formulations. These materials were intended to provide properties such as opacity, whiteness, durability and cost efficiency, depending on the application.
TOR Minerals served customers in the United States and international markets, with operations and distribution activities that included North America and Europe.
See Also
- Five stocks we like better than TOR Minerals International
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Receive News & Ratings for TOR Minerals International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TOR Minerals International and related companies with MarketBeat.com's FREE daily email newsletter.
