Tron (NASDAQ:TRON) Trading Down 8% – Here’s What Happened

Posted by Joseph Casey on Jun 29th, 2026

Tron Inc. (NASDAQ:TRON – Get Free Report)’s share price traded down 8% during mid-day trading on Monday . The stock traded as low as $1.45 and last traded at $1.4450. Approximately 296,316 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 1,021,570 shares. The stock had previously closed at $1.57.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Tron from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Tron presently has an average rating of “Sell”.

Read Our Latest Stock Report on Tron

Tron Stock Down 2.9%

The business has a 50-day moving average of $1.97 and a 200-day moving average of $1.77. The stock has a market cap of $723.43 million, a price-to-earnings ratio of -13.86 and a beta of 8.33.

Tron (NASDAQ:TRON – Get Free Report) last issued its earnings results on Friday, May 8th. The company reported $0.05 earnings per share for the quarter. Tron had a negative return on equity of 7.27% and a net margin of 112.96%.The company had revenue of $1.18 million for the quarter.

Hedge Funds Weigh In On Tron

A number of hedge funds have recently added to or reduced their stakes in the company. CTC Alternative Strategies Ltd. bought a new position in Tron during the first quarter valued at approximately $27,000. Virtu Financial LLC bought a new stake in Tron in the fourth quarter worth approximately $52,000. State of Wyoming acquired a new position in shares of Tron during the 1st quarter worth $78,000. Squarepoint Ops LLC acquired a new position in shares of Tron during the 4th quarter worth $80,000. Finally, Engineers Gate Manager LP acquired a new position in shares of Tron during the 4th quarter worth $84,000. Institutional investors and hedge funds own 28.03% of the company’s stock.

Tron Company Profile

(Get Free Report)

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.