NASDAQ:TRNXTaronis Technologies Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Taronis Technologies Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.20 +0.13 (+173.33 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$0.21Now: $0.21▼$0.2150-Day Range$0.08MA: $0.19▼$0.3652-Week Range$0.06Now: $0.21▼$4.96VolumeN/AAverage Volume30.25 million shsMarket Capitalization$38.95 millionP/E RatioN/ADividend YieldN/ABeta0.7 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInstitutional OwnershipHeadlinesSocial Media Taronis Technologies, Inc., a technology-based company, focuses on addressing the constraints on natural resources primarily in the United States. The company offers MagneGas, a hydrogen-based synthetic fuel that is used as an alternative to acetylene and other natural gas derived fuels for metal cutting and other commercial uses. It also provides Plasma Arc Flow System for MagneGas production, or water decontamination and sterilization. In addition, the company sells and licenses its proprietary plasma arc technology for gasification and the processing of liquid waste. It distributes and sells MagneGas fuel, and other gases and welding supplies through retail locations. The company was formerly known as MagneGas Applied Technology Solutions, Inc. and changed its name to Taronis Technologies, Inc. in January 2019. Taronis Technologies, Inc. was founded in 2005 and is headquartered in Phoenix, Arizona.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Taronis Technologies. Previous Next 2.7 Community Rank Outperform VotesTaronis Technologies has received 76 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTaronis Technologies has received 64 “underperform” votes. (Add your “underperform” vote.)Community SentimentTaronis Technologies has received 54.29% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Taronis Technologies and other stocks. Vote “Outperform” if you believe TRNX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TRNX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldTaronis Technologies does not currently pay a dividend.Dividend GrowthTaronis Technologies does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Taronis Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.00% of the stock of Taronis Technologies is held by insiders.Percentage Held by InstitutionsOnly 3.64% of the stock of Taronis Technologies is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Book Value per Share RatioTaronis Technologies has a P/B Ratio of 0.01. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.67 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:TRNX Previous Symbol CUSIPN/A CIKN/A Webwww.magnegas.com Phone866-370-3835Debt Debt-to-Equity Ratio0.14 Current Ratio1.23 Quick Ratio0.69Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$9.71 million Price / Sales4.01 Cash FlowN/A Price / Cash FlowN/A Book Value$14.95 per share Price / Book0.01Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-15,040,000.00 Net Margins-129.20% Return on Equity-78.94% Return on Assets-59.49%Miscellaneous Employees87 Outstanding Shares190,000,000Market Cap$38.95 million Next Earnings Date6/8/2020 (Estimated) OptionableNot Optionable NASDAQ:TRNX Rates by TradingView Receive TRNX News and Ratings via Email Sign-up to receive the latest news and ratings for TRNX and its competitors with MarketBeat's FREE daily newsletter. Taronis Technologies (NASDAQ:TRNX) Frequently Asked Questions How has Taronis Technologies' stock been impacted by COVID-19 (Coronavirus)? Taronis Technologies' stock was trading at $0.2278 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TRNX shares have decreased by 10.0% and is now trading at $0.2050. View which stocks have been most impacted by Coronavirus. When is Taronis Technologies' next earnings date? Taronis Technologies is scheduled to release its next quarterly earnings announcement on Monday, June 8th 2020. View our earnings forecast for Taronis Technologies. How were Taronis Technologies' earnings last quarter? Taronis Technologies Inc (NASDAQ:TRNX) issued its earnings results on Wednesday, November, 20th. The company reported ($0.49) earnings per share for the quarter. The business had revenue of $5.32 million for the quarter. Taronis Technologies had a negative return on equity of 78.94% and a negative net margin of 129.20%. View Taronis Technologies' earnings history. Has Taronis Technologies been receiving favorable news coverage? News stories about TRNX stock have been trending positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Taronis Technologies earned a media sentiment score of 2.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutTaronis Technologies. Who are some of Taronis Technologies' key competitors? Some companies that are related to Taronis Technologies include Intevac (IVAC), Manitex International (MNTX), Amtech Systems (ASYS), CVD Equipment (CVV), Enviro Technologies (EVTN), Bodycote (BYPLF), Greystone Logistics (GLGI) and IHI CORP/ADR (IHICY). View all competitors. What other stocks do shareholders of Taronis Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Taronis Technologies investors own include FuelCell Energy (FCEL), Enphase Energy (ENPH), Roku (ROKU), Inovio Pharmaceuticals (INO), Plug Power (PLUG), Activision Blizzard (ATVI), Walt Disney (DIS), Tesla (TSLA), Titan Pharmaceuticals (TTNP) and Zynga (ZNGA). Who are Taronis Technologies' key executives? Taronis Technologies' management team includes the following people: Mr. Scott Mahoney, CEO, Pres & Director (Age 45, Pay $267.45k)Mr. Tyler B. Wilson Esq., CFO, Gen. Counsel & Corp. Sec. (Age 36, Pay $14.58k)Ms. Luisa Ingargiola, Exec. VP of Capital Markets & Capital Markets Advisor (Age 53, Pay $148.78k)Mr. Eric Newell, Treasurer What is Taronis Technologies' stock symbol? Taronis Technologies trades on the NASDAQ under the ticker symbol "TRNX." Who are Taronis Technologies' major shareholders? Taronis Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include GSA Capital Partners LLP (0.14%). Which institutional investors are buying Taronis Technologies stock? TRNX stock was bought by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP. How do I buy shares of Taronis Technologies? Shares of TRNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Taronis Technologies' stock price today? One share of TRNX stock can currently be purchased for approximately $0.21. How big of a company is Taronis Technologies? Taronis Technologies has a market capitalization of $38.95 million and generates $9.71 million in revenue each year. Taronis Technologies employs 87 workers across the globe. What is Taronis Technologies' official website? The official website for Taronis Technologies is www.magnegas.com. How can I contact Taronis Technologies? Taronis Technologies' mailing address is 300 W. CLARENDON AVENUE SUITE 230, PHOENIX AZ, 85013. The company can be reached via phone at 866-370-3835 or via email at [email protected] This page was last updated on 6/2/2020 by MarketBeat.com Staff
