Somewhat Positive Press Coverage Somewhat Unlikely to Affect Tronox (TROX) Share Price

Media stories about Tronox (NYSE:TROX) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tronox earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media headlines about the company an impact score of 43.0800655361062 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Several research firms have issued reports on TROX. ValuEngine cut Tronox from a “hold” rating to a “sell” rating in a report on Wednesday, December 6th. J P Morgan Chase & Co began coverage on Tronox in a report on Tuesday, October 24th. They issued an “overweight” rating and a $30.00 price target on the stock.

Tronox (NYSE TROX) opened at $20.31 on Thursday. Tronox has a twelve month low of $10.20 and a twelve month high of $28.40. The company has a debt-to-equity ratio of 3.45, a quick ratio of 6.91 and a current ratio of 8.44.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Monday, November 20th were paid a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend was Friday, November 17th. Tronox’s dividend payout ratio (DPR) is currently 27.69%.

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Tronox Company Profile

Tronox Limited produces and markets titanium bearing mineral sands and titanium dioxide (TiO2) pigment in North America, Europe, South Africa, and the Asia-Pacific region. It primarily operates in two segments, TiO2 and Alkali. The TiO2 segment engages in the exploration, mining, and beneficiation of mineral sands deposits.

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