Tron (NASDAQ:TRON) Trading 1.3% Higher – Here’s Why

Tron Inc. (NASDAQ:TRON) shares were up 1.3% on Thursday . The stock traded as high as $1.66 and last traded at $1.60. Approximately 621,622 shares were traded during trading, a decline of 47% from the average daily volume of 1,183,132 shares. The stock had previously closed at $1.58.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Tron in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Tron currently has an average rating of “Sell”.

Tron Trading Up 1.3%

The firm’s 50-day moving average price is $1.68 and its 200-day moving average price is $3.70. The stock has a market capitalization of $411.38 million, a PE ratio of -39.99 and a beta of 13.81.

Tron Company Profile

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.