Tron (NASDAQ:TRON) Receives "Sell (D-)" Rating from Weiss Ratings

Key Points

• Tron (NASDAQ:TRON) has received a "Sell (D-)" rating from Weiss Ratings, indicating a bearish outlook from analysts.
• As of Friday's trading, TRON stock rose 1.9% to $2.71, despite having a negative net margin of 30.45% and a price-to-earnings ratio of -14.26.
• In its latest quarterly earnings report, Tron reported a revenue of $1.34 million, with earnings per share at $0.01.

Tron (NASDAQ:TRON - Get Free Report)'s stock had its "sell (d-)" rating restated by equities researchers at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

Tron Trading Up 1.9%

TRON stock traded up $0.05 on Friday, hitting $2.71. The company's stock had a trading volume of 1,091,108 shares, compared to its average volume of 3,895,431. The firm has a 50 day moving average of $3.49 and a two-hundred day moving average of $3.89. Tron has a 1 year low of $0.26 and a 1 year high of $12.80. The stock has a market cap of $90.70 million, a price-to-earnings ratio of -14.26 and a beta of 13.35.

Tron (NASDAQ:TRON - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported $0.01 EPS for the quarter. Tron had a negative net margin of 30.45% and a negative return on equity of 4.12%. The firm had revenue of $1.34 million during the quarter.

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.

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