Tronox Limited (TROX) has risen sharply, recording gains of 46.27% in the past 4 weeks. However, the stock has corrected -0.45% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 37.02% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Tronox Limited (NYSE:TROX): The stock opened at $6.75 on Friday but the bulls could not build on the opening and the stock topped out at $6.81 for the day. The stock traded down to $6.57 during the day, due to lack of any buying support eventually closed down at $6.67 with a loss of -2.49% for the day. The stock had closed at $6.84 on the previous day. The total traded volume was 838,096 shares.
The stock has recorded a 20-day Moving Average of 23.9% and the 50-Day Moving Average is 31.68%. Tronox Limited has dropped 13.6% during the last 3-month period . Year-to-Date the stock performance stands at 70.59%.