Unusual Volume Spikes: Taronis Technologies, Inc. (NASDAQ:TRNX)

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the TRNX is 7.50%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the TRNX is 19.70%.

A Basic Materials sector firm, Taronis Technologies, Inc. (NASDAQ:TRNX) stock ticked up 36.60% on Sunday and when day-trade ended the stock finally concluded at $0.21 and number of shares that changed hands during the day are 58.83 Million. The number of shares TRNX stock currently held by all its shareholders are 34.67 and floated shares, the number of shares are available for trading in an open market on last trading day are 27.07. The average volume of shares for 3 months is 2471.30 and TRNX stock value has moved between $0.13 – 10.5 in last one year.

The Taronis Technologies, Inc. (NASDAQ:TRNX)’s latest earnings date is 5/20/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Taronis Technologies, Inc. (NASDAQ:TRNX) is 43.90% and the stock has gained -95.76% in 2019 to date.

Taronis Technologies, Inc. (NASDAQ:TRNX)’s monthly stock performance is -50.24%, the quarterly performance is -69.26%, the half year performance is calculated as -95.81%. The yearly performance of TRNX is -97.27%.
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The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Taronis Technologies, Inc. (NASDAQ:TRNX) weekly volatility is measured as 35.10% and monthly volatility measured as 19.67%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. TRNX return on assets is -88.20%, the return on equity (ROE) of the Taronis Technologies, Inc. (NASDAQ:TRNX) is -113.10%.

The, price to sales ratio is 0.54, and price to book ratio is 0.10, price to cash per share ration is 18.12.

Analysts mean target price for Taronis Technologies, Inc. (NASDAQ:TRNX) is $6.50. The current share price indicates that stock is -98.46% away from its one year high and is moving 62.02% ahead of its 52-week low. TRNX’s distance from 20 day simple moving average is -24.88% and distance from 50-Day simple moving average is -50.99%.



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