Tron (NASDAQ:TRON) Stock Price Down 2.8% – What’s Next?

Tron Inc. (NASDAQ:TRONGet Free Report) shares dropped 2.8% during mid-day trading on Monday . The stock traded as low as $1.34 and last traded at $1.40. Approximately 1,862,887 shares changed hands during trading, an increase of 47% from the average daily volume of 1,270,880 shares. The stock had previously closed at $1.44.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Tron in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Analysis on TRON

Tron Stock Down 2.8%

The company has a 50-day moving average of $2.00 and a 200 day moving average of $4.44. The stock has a market capitalization of $359.95 million, a PE ratio of -34.99 and a beta of 13.57.

Tron Company Profile

(Get Free Report)

SRM Entertainment, Inc designs, manufactures, and sells toys and souvenirs to theme parks. It sells its products through amusement parks, entertainment venues, and theme hotels in the United States, China, Japan, and internationally. The company was incorporated in 2022 and is based in Jupiter, Florida.

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