Tron (NASDAQ:TRON) Trading Up 1.3% – Still a Buy?

Tron Inc. (NASDAQ:TRON)’s stock price was 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 reaffirmed a “sell (d+)” rating on shares of Tron in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Tron currently has an average rating of “Sell”.

Tron Trading Up 1.3%

The stock has a market capitalization of $411.38 million, a P/E ratio of -39.99 and a beta of 13.81. The company has a 50-day moving average price of $1.68 and a 200 day moving average price of $3.70.

About Tron

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.