Why Tronox Is Trading Higher Today

Tronox Holdings TROX shares were trading higher on Thursday after the company issued first-quarter sales and EPS guidance above analyst estimates.

The company sees first-quarter sales at $700-$730 million versus the $697 million estimate, as well as adjusted EBITDA at $160-$170 million and adjusted EPS 10-18 cents versus the 7 cents estimate.

Tronox Holdings is a chemical company involved in the titanium products industry.

Shares were trading up 10.59% at $6.16 on Thursday. The stock has a 52-week range between $15.50 and $4.29.

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