NASDAQ:TRNX - Taronis Technologies Stock Price, News & Analysis

Taronis Technologies trades on the NASDAQ under the ticker symbol "TRNX."

Taronis Technologies Inc (NASDAQ:TRNX) announced its earnings results on Monday, May, 20th. The company reported ($0.60) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.11) by $0.49. The company had revenue of $4.91 million for the quarter, compared to the consensus estimate of $4.15 million. Taronis Technologies had a negative return on equity of 81.90% and a negative net margin of 135.02%. View Taronis Technologies' Earnings History.

Taronis Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, August 20th 2019. View Earnings Estimates for Taronis Technologies.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taronis Technologies in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Taronis Technologies.

Media headlines about TRNX stock have been trending negative on Sunday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Taronis Technologies earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Taronis Technologies.

Taronis Technologies saw a increase in short interest in July. As of July 31st, there was short interest totalling 4,454,700 shares, an increase of 75.4% from the June 30th total of 2,540,400 shares. Based on an average trading volume of 14,670,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 21.9% of the shares of the company are sold short. View Taronis Technologies' Current Options Chain.

Some companies that are related to Taronis Technologies include Amtech Systems (ASYS), CVD Equipment (CVV), Greystone Logistics (GLGI), Magnegas Applied Tchnlgy Sltns (MNGA) and Enviro Technologies (EVTN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Taronis Technologies investors own include FuelCell Energy (FCEL), Aurora Cannabis (ACB), Histogenics (HSGX), Galena Biopharma (SLS), BioPharmX (BPMX), Catalyst Pharmaceuticals (CPRX), New Age Beverages (NBEV), Plug Power (PLUG), Valeritas (VLRX) and Aphria (APHA).

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, Scottrade, Fidelity and Charles Schwab.

One share of TRNX stock can currently be purchased for approximately $0.73.

Taronis Technologies has a market capitalization of $22.21 million and generates $9.71 million in revenue each year. View Additional Information About Taronis Technologies.

The official website for Taronis Technologies is http://www.magnegas.com/.

Taronis Technologies' mailing address is 300 W. CLARENDON AVENUE SUITE 230, PHOENIX AZ, 85013. The company can be reached via phone at 727-934-3448 or via email at [email protected]