Revenue Update on Tronox Ltd(NYSE:TROX)

Tronox Ltd(NYSE:TROX) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $537.00M. Analysts estimated a revenue of $531.50M. Earnings per share were $-0.43. Analysts had estimated an EPS of $-0.31.

Tronox Ltd (TROX) shares turned negative on Fridays trading session with the shares closing down -0.18 points or -2.28% at a volume of 8,61,637. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $7.98. The peak price level was also seen at $7.98 while the days lowest was $7.42. Finally the shares closed at $7.7. The 52-week high of the shares is $10.1 while the 52-week low is $2.785. According to the latest information available, the market cap of the company is $895 M.

Several Insider Transactions has been reported to the SEC. On May 12, 2016, Niekerk Willem Hendrik Van (SVP, SP & BD) purchased 2,000 shares at $5.11 per share price.Also, On Feb 26, 2016, Jean Francois Turgeon (Executive Vice President) purchased 7,500 shares at $4.08 per share price.On Aug 10, 2015, Edward T Flynn (Executive Vice President) purchased 9,086 shares at $11.02 per share price, according to the Form-4 filing with the securities and exchange commission.

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