Weiss Ratings reiterated their sell (d-) rating on shares of Toro (NASDAQ:TORO – Free Report) in a research report sent to investors on Tuesday morning,Weiss Ratings reports.
Toro Stock Down 4.6%
Shares of NASDAQ:TORO opened at $4.13 on Tuesday. The company has a market cap of $78.86 million, a price-to-earnings ratio of 206.60 and a beta of 1.31. The firm’s 50-day simple moving average is $3.15 and its 200-day simple moving average is $2.56. Toro has a fifty-two week low of $1.70 and a fifty-two week high of $4.94.
Toro (NASDAQ:TORO – Get Free Report) last issued its earnings results on Wednesday, October 1st. The company reported $0.02 earnings per share for the quarter. The business had revenue of $4.06 million for the quarter. Toro had a net margin of 24.65% and a return on equity of 2.46%.
About Toro
Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide. The company operates in three segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. As of December 31, 2023, it operated a fleet of one Handysize tanker vessel; one Aframax/LR2 vessel; and four LPG carrier vessels with an aggregate cargo carrying capacity of 0.1 million deadweight ton.
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