Tron (NASDAQ:TRON) Shares Up 7.4% – What’s Next?

Tron Inc. (NASDAQ:TRON) shares shot up 7.4% during trading on Tuesday . The company traded as high as $2.02 and last traded at $2.02. 223,179 shares traded hands during trading, a decline of 96% from the average session volume of 5,045,801 shares. The stock had previously closed at $1.88.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Tron in a research report on Monday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Tron Stock Down 5.2%

The firm has a market capitalization of $514.22 million, a PE ratio of -49.99 and a beta of 13.56. The business’s fifty day moving average price is $2.48 and its 200 day moving average price is $4.27.

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.