TORM Buy IdeaBroke out of the sharp downtrend.
Seasonality is at our side, too.
Buy now or after another confirmation at your discretion.
Place Stop wisely...
Peace!
Next report date
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EPS estimate
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Revenue estimate
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6.07 EUR
564.64 M EUR
1.44 B EUR
53.48 M
About TORM PLC A
Sector
Industry
CEO
Jacob Balslev Meldgaard
Website
Headquarters
London
Founded
2015
ISIN
GB00BZ3CNK81
FIGI
BBG00SYJ9BF9
TORM Plc engages in the business of transporting clean and dirty petroleum products. It operates under the Tanker and Marine Exhaust segments. The Tanker segment focuses on the transportation of refined oil products such as gasoline, jet fuel, kerosene, and naphtha. The Marine Exhaust segment includes developing and producing advanced and green marine equipment. The company was founded by Ditlev E. Torm and Christian Schmiegelow in 1889 and is headquartered in London, the United Kingdom.
Time to ShortInsider news, Torm is struggling with old fleet with many offhire comparing with previous quarter.
USA inventory higher than expected, Baltic weekly news indicates poor freights for MR ships.
Target 22.5$
TRMD -- Long--Up trend, breakout of a W pattern
--Re-claim 21 ema, help support at 50 ema and bottom trend line
--Not much re-action on the CPI report, Open higher on last closes
--MACD shows entry signal, RSI above 50
--Entry: 1.25%-2% above previous closes (safe play)
--Avoid if show choppy price action.
--C
RSI DiversionTorm is a U.K.-based refined-oil shipping company with a fully owned fleet of more than 80 vessels. In August, Torm reported time charter equivalent rates more than doubled in the second quarter, and company management said the market has been even better so far in the third quarter. In fact, the st
TORM - BreakoutMissed TORM breakout now at least 30% up from base. Could be parabolic still. Need to watch. Probably can catch at when 8 EMA pinch or near 20EMA on daily.
TRMD , Great technical strength This is a buy on breakup for me .
All lights are green
We have a recent entry into an uptrend that is also consistent with the correlating sector , wonderful volume confirmation and a strengthening RSI . A+ for me .
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Frequently Asked Questions
The current price of TRMD is 16.97 EUR — it has decreased by −0.64% in the past 24 hours. Watch TORM PLC-A stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on VIE exchange TORM PLC-A stocks are traded under the ticker TRMD.
TRMD stock has fallen by −2.62% compared to the previous week, the month change is a −2.62% fall, over the last year TORM PLC-A has showed a −3.36% decrease.
We've gathered analysts' opinions on TORM PLC-A future price: according to them, TRMD price has a max estimate of 24.08 EUR and a min estimate of 16.61 EUR. Watch TRMD chart and read a more detailed TORM PLC-A stock forecast: see what analysts think of TORM PLC-A and suggest that you do with its stocks.
TRMD reached its all-time high on Mar 19, 2025 with the price of 17.76 EUR, and its all-time low was 17.16 EUR and was reached on Mar 21, 2025. View more price dynamics on TRMD chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
TRMD stock is 2.09% volatile and has beta coefficient of 0.30. Track TORM PLC-A stock price on the chart and check out the list of the most volatile stocks — is TORM PLC-A there?
Today TORM PLC-A has the market capitalization of 1.66 B, it has increased by 6.61% over the last week.
Yes, you can track TORM PLC-A financials in yearly and quarterly reports right on TradingView.
TORM PLC-A is going to release the next earnings report on May 8, 2025. Keep track of upcoming events with our Earnings Calendar.
TRMD earnings for the last quarter are 0.74 EUR per share, whereas the estimation was 0.59 EUR resulting in a 26.38% surprise. The estimated earnings for the next quarter are 0.67 EUR per share. See more details about TORM PLC-A earnings.
TORM PLC-A revenue for the last quarter amounts to 207.40 M EUR, despite the estimated figure of 204.38 M EUR. In the next quarter, revenue is expected to reach 206.52 M EUR.
TRMD net income for the last quarter is 72.64 M EUR, while the quarter before that showed 118.79 M EUR of net income which accounts for −38.85% change. Track more TORM PLC-A financial stats to get the full picture.
TORM PLC-A dividend yield was 25.20% in 2024, and payout ratio reached 77.55%. The year before the numbers were 19.55% and 74.69% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Mar 25, 2025, the company has 479.00 employees. See our rating of the largest employees — is TORM PLC-A on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TORM PLC-A EBITDA is 736.88 M EUR, and current EBITDA margin is 50.86%. See more stats in TORM PLC-A financial statements.
Like other stocks, TRMD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TORM PLC-A stock right from TradingView charts — choose your broker and connect to your account.