27 May, 2017
Analysts' mean recommendation for Turquoise Hill Resources Ltd. (TRQ) stands at 3.00. The stock declined 0.91% or $0.03 reaching $2.73 per share. For the last month, company shares are 5.84%. About 3.05M shares traded.
Turquoise Hill Resources Ltd. (NYSE:TRQ)'s shares on Wednesday traded in the range of 2.76 - 2.91 and ended up on $2.90.
The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. Shares are trading -4.11% below their 50-day moving average, and -12.55% below their 200-day moving average. The stock witnessed 0.73% gains, -19.06% declines and -20.23% declines for the 1-month, 3-month and 6-month period, respectively.
The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. However the company reported $0.01 earnings per share for the same quarter during previous year. The stock touched 52-week High of $3.80 on 02/02/17 and 52-week Low of $2.52 on 05/18/17. The company had revenue of $237.50 million during the quarter, compared to analysts' expectations of $233.49 million. Technical analysts have little regard for the value of a company. Its revenue has grown at an average annualized rate of about 20.20% during the past five years. For the next 5 years, Turquoise Hill Resources Ltd.is expecting Growth of -101% per annum, whereas in the past 5 years the growth was 19.52% per annum.
Several hedge funds have recently made changes to their positions in TRQ. Turquoise Hill Resources Ltd. P/E (price to earnings) ratio is 42.27 and Forward P/E ratio of 0.
United Technologies Corporation (UTX) climbed 0.01% and its total traded volume was 2.42 million shares contrast to the average volume of 2.94 million shares.
Receive Turquoise Hill Resources Ltd. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turquoise Hill Resources Ltd. with MarketBeat.com's FREE daily email newsletter. Kopernik Global Investors LLC boosted its stake in Turquoise Hill Resources by 13.9% in the third quarter. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Highbridge Capital Management LLC acquired a new position in shares of Turquoise Hill Resources during the fourth quarter worth about $150,000.
Turquoise Hill Resources Ltd. (TRQ) has an annual dividend of $0, while its annual dividend yield is 0%. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
TRQ has been the subject of several analyst reports.
11/07/2016 - Turquoise Hill Resources Ltd. had its "sector perform" rating reiterated by analysts at Scotiabank.
Now the shares of Turquoise Hill Resources Ltd. (TRQ) has the trading volume of 4.1 Million shares with the average trading volume of 4010 shares.
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Turquoise Hill Resources Ltd (NYSE:TRQ)'s trailing twelve month revenues are $1.02 Billion, whereas its price to sales ratio for the same period is 5.03. The Company focuses on the operation and further development of the Oyu Tolgoi copper-gold mine in Southern Mongolia, which is the Company's principal material mineral resource property.
