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TORO
Stock ticker: NASDAQ
AS OF
Dec 24 closing price
Price
$2.93
Change
+$0.16 (+5.78%)
Capitalization
55.96M

TORO stock forecast, quote, news & analysis

TORO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
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A.I.Advisor
a Summary for TORO with price predictions
Dec 24, 2024

Momentum Indicator for TORO turns positive, indicating new upward trend

TORO saw its Momentum Indicator move above the 0 level on December 12, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 31 similar instances where the indicator turned positive. In of the 31 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TORO's RSI Indicator exited the oversold zone, of 10 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for TORO just turned positive on December 10, 2024. Looking at past instances where TORO's MACD turned positive, the stock continued to rise in of 11 cases over the following month. The odds of a continued upward trend are .

TORO moved above its 50-day moving average on December 24, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TORO advanced for three days, in of 87 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 18 cases where TORO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TORO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

TORO broke above its upper Bollinger Band on December 12, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for TORO entered a downward trend on December 13, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.287) is normal, around the industry mean (2.222). P/E Ratio (1.018) is within average values for comparable stocks, (21.120). TORO's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.460). TORO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.090). P/S Ratio (1.799) is also within normal values, averaging (1.707).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TORO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TORO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nordic American Tanker (NYSE:NAT).

Industry description

The marine shipping industry provides passenger transportation or cargo shipping services via waterways. This industry includes freight towage, ferry services and warehousing on deep-sea and inland waterways. The aviation sector may have reduced the popularity of sea travel for several passengers, but it is still in demand for short trips and pleasure cruises. Teekay Offshore Partners L.P. Cum Red Perp Pfd., Kirby Corporation and Seaspan Corporation are some of the well-known names in the business.

Market Cap

The average market capitalization across the Marine Shipping Industry is 4.74B. The market cap for tickers in the group ranges from 1.87K to 31.33B. CICOY holds the highest valuation in this group at 31.33B. The lowest valued company is PRGNF at 1.87K.

High and low price notable news

The average weekly price growth across all stocks in the Marine Shipping Industry was 0%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was -13%. HUPHY experienced the highest price growth at 26%, while BSEAF experienced the biggest fall at -19%.

Volume

The average weekly volume growth across all stocks in the Marine Shipping Industry was -51%. For the same stocks of the Industry, the average monthly volume growth was -39% and the average quarterly volume growth was -8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 26
P/E Growth Rating: 62
Price Growth Rating: 68
SMR Rating: 63
Profit Risk Rating: 72
Seasonality Score: 33 (-100 ... +100)
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TORO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Industry MarineShipping

Profile
Fundamentals
Details
Industry
N/A
Address
223 Christodoulou Chatzipavlou Street
Phone
+357 25357768
Employees
N/A
Web
https://www.torocorp.com