Tron (NASDAQ:TRON) Stock Price Down 2.8% – Here’s Why

Tron Inc. (NASDAQ:TRONGet Free Report) was down 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 traded 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.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Tron in a research note on Monday, December 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Tron currently has an average rating of “Sell”.

Get Our Latest Stock Report on TRON

Tron Stock Performance

The firm’s 50-day moving average price is $2.00 and its two-hundred day moving average price is $4.44. The stock has a market cap of $359.95 million, a price-to-earnings ratio of -34.99 and a beta of 13.57.

About Tron

(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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