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How to Buy Tronox Holdings Stock

Tronox Holdings PLC

Tronox Holdings is a chemical company located in Connecticut, United States, which is part of the Basic Materials sector, and is traded under the ticker TROX on the NYSE exchange.

Tronox Holdings stock last closed at $16.28, down 0.12% from the previous day, and has increased 17.21% in one year. It has overperformed other stocks in the Chemicals industry by 0.08 percentage points. Tronox Holdings stock is currently +61.51% from its 52-week low of $10.08, and -9% from its 52-week high of $17.89.

At the moment, there are 156.79M TROX shares outstanding. The market cap of TROX is $2.55B. In the last 24 hours, 1.07M TROX shares were traded.

How to Buy Tronox Holdings Stock

Wondering how to invest in Tronox Holdings stock? Here's how.
  1. Choose where to buy Tronox Holdings stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Tronox Holdings stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. Analyze Tronox Holdings stock: The Tronox Holdings ticker symbol is TROX. Is Tronox Holdings stock a good investment? Should you buy shares of TROX? How do TROX's underlying business fundamentals look? Do top analysts think Tronox Holdings is a good buy? Why has TROX's stock price moved recently? (Hint: Our stock research tools can help you evaluate if TROX is a good stock to buy).
  5. Make your TROX purchase: Decide if you will purchase TROX shares at the current market price or use a limit order to buy TROX stock at a particular price.
  6. Watch your investment in TROX: Create a watchlist to get the latest news on your investment in Tronox Holdings stock.

Step 1: Choose where to buy Tronox Holdings stock

You need a brokerage account in order to access the NYSE market and buy TROX shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

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  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
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Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you can buy TROX today.

How to Create a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal details to open a new brokerage account.
  1. Submit your details by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Fund your brokerage account

Now that you have opened your account on apps for stock market, your next step is to transfer the money for your investment:

Check out this video walkthrough for more details depositing money into your investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Tronox Holdings stock

After you have identified the best place to buy Tronox Holdings stock, it's crucial to research their stock prior to buying, so you actually understand the risk as well as the opportunity.

Tronox Holdings stock at a glance

TROX Price
$16.28
1w %
-4.18%
1y %
17.21%
5y %
6.96%
P/E
-8.06x
P/B
1.32x
P/S
0.89x
PEG
N/A
Revenue
$2.85B
Earnings
-$316.00M
Fore. Rev. Growth
4.72%
Fore. Earn. Growth
N/A
Market Cap
$2.55B
Next Earnings
Apr 24, 2024
Next Dividend
N/A

TROX Due Diligence Checks

WallStreetZen was built to help part-time investors do better fundamental analysis in less time.

You can view all of the due diligence checks on TROX's stock page.

Is TROX stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge TROX's fair value.

Using relative valuations methods:

  • TROX may be undervalued based on its P/B ratio of 1.32x, relative to Chemicals industry P/B ratio of 1.96x

You can do more valuation analysis on TROX's stock here.

TROX Financial Summary

Signs that TROX is financially healthy:

  • Total TROX debt is lower than 5 years ago, relative to shareholder equity.
  • TROX has $273.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $71.00M.
  • TROX has cash burn of 71000000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the TROX balance sheet.

Signs that TROX is not financially healthy:

  • TROX has a relatively high debt to equity ratio of 2.15.
  • TROX profit margin has gone down from 14.4% to -11.1% in the past year.
  • There are more long-term liabilities than short-term assets on the TROX balance sheet.

Is Tronox Holdings stock a Buy, Hold, or Sell, according to analysts?

Out of 4 Wall Street analysts who give forecasts on TROX, the consensus analyst rating on TROX is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Tronox Holdings stock forecast page.

TROX Momentum

SMA10
16.81
SMA20
16.97
SMA50
15.61
SMA100
14.46
SMA200
13.57
MACD
0.23
MACD Signal
0.42
MACD Histogram
-0.19
RSI
46.89
Stochastic %K
11.46
Stochastic %D
18.01
StochRSI %K
1.18
StochRSI %D
3.28

How is TROX performing as a company?

Last year, TROX revenue was $2.85B. Over the last 5 year, TROX's revenue has grown by 9.4% per year. This was faster than the Chemicals industry average of 1.01%.

Dive into TROX's earnings and revenue performance here.

Are TROX insiders buying or selling the stock?

In the last year, executives and large shareholders at TROX have sold more shares than they have bought.

Jeffrey A. Engle, SVP Commercial and Strategy of TROX, was the latest TROX insider to sell. They sold $180,087.25 worth of TROX shares on Mar 6, 2024.

Dig into more about who owns TROX shares here.

Can I get consistent income from TROX stock?

Tronox Holdings pays a dividend of 3.07%, compared to the Chemicals industry's average dividend yield of 3.24%. If you owned $1,000 of TROX stock, you would have been paid $30.71 in the past 12 months.

Tronox Holdings dividend payments have not consistently grown over the past decade and have not remained stable.

Dig into more info about Tronox Holdings dividend yield and history here.

What others are saying about TROX

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your TROX purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.

Hit the Open button and eToro will execute your order.

If you want additional help buying stocks on eToro, watch the how to video below:

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Step 6: Watch your investment in TROX

Now that you own some TROX stock, you'll want to keep up with your new investment.

Put TROX on a watchlist to get alerted to the latest events about your TROX stock.

TROX Feed

How to Buy Stock in Tronox Holdings

To summarize, here are the 6 steps you need to take to buy Tronox Holdings stock right now:

  1. Choose where to buy Tronox Holdings stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Analyze Tronox Holdings stock
  5. Make your TROX purchase
  6. Watch your investment in TROX

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Tronox Holdings, create a watchlist today.

NYSE: TROX
$16.28-0.02 (-0.12%)
Updated Apr 15, 2024
Open eToro Account
NYSE: TROX
$16.28-0.02 (-0.12%)
Updated Apr 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Tronox Holdings share?

As of Apr 15, 2024, it costs $16.28 to buy one share of Tronox Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.491 shares of TROX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Tronox Holdings stock?

According to 4 Wall Street analysts who monitor Tronox Holdings, their consensus recommendation is to buy Tronox Holdings stock.

What is the best way to buy Tronox Holdings stock?

One way to place an order for Tronox Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.