Tronox Ltd (TROX) was among the biggest gainers on the Russell 2000 for Wednesday December 23 as the stock popped 20.02% to $4.89, representing a gain of $0.815 per share. Some 1.12 million shares traded hands on 5,018 trades, compared with an average daily volume of 1.43 million shares out of a total float of 115.67 million. The stock opened at $4.15 and traded with an intraday range of $4.98 to $4.15.
After today's gains, Tronox Ltd reached a market cap of $565.06 million. Tronox Ltd has had a trading range between $24.44 and $2.98 over the last year, and it had a 50-day SMA of $5.38 and a 200-day SMA of $11.22.
Tronox Ltd is engaged in producing and marketing of titanium bearing mineral sands and titanium dioxide pigment. The Company operates under two segments, which are Mineral Sands and Pigment.
Tronox Ltd is based out of Stamford, CT and has some 3,400 employees. Its CEO is Thomas Casey.
For a complete fundamental analysis analysis of Tronox Ltd, check out Equities.com’s Stock Valuation Analysis report for TROX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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