(TORO) Toro - Ratings and Ratios

Toro Ltd (NASDAQ:TORO) is a Cyprus-based shipping company specializing in the acquisition, ownership, chartering, and operation of oceangoing tanker vessels. The company provides seaborne transportation services for crude oil, liquefied petroleum gas (LPG), and refined petroleum products globally. Its fleet, as of December 31, 2023, comprises one Handysize tanker, one Aframax/LR2 vessel, and four LPG carriers, with a combined cargo capacity of 0.1 million deadweight tons. Toro Ltd operates in three core segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. Incorporated in 2022, the company is headquartered in Limassol, Cyprus.

The Aframax/LR2 segment focuses on mid-sized tankers designed for versatility, capable of navigating most of the worlds ports. These vessels typically transport large volumes of crude oil and refined products. The Handysize Tanker segment involves smaller, more maneuverable vessels, ideal for regional trade routes and ports with limited draft restrictions. The LPG Carrier segment specializes in the transportation of liquefied petroleum gases, including propane and butane, requiring pressurized cargo systems. Toro Ltds fleet is strategically diversified to cater to varying market demands and cargo types.

Based on the provided and , Toro Ltds stock is currently trading at $2.59, below its 20-day SMA of $2.70 and 50-day SMA of $2.86. The 200-day SMA stands at $3.33, indicating a downtrend over the past year. The Average True Range (ATR) of 0.15 suggests low volatility. Fundamentally, the company has a market cap of $50.79M, a P/E ratio of 0.92, and a P/B ratio of 0.26, signaling undervaluation relative to book value. The P/S ratio of 0.63 and an RoE of 7.92% highlight moderate profitability relative to its revenue and equity.

3-Month Forecast: Toro Ltds stock is expected to remain range-bound between $2.40 and $2.80, influenced by its current downtrend and low volatility. The stock may face resistance at $2.70 (20-day SMA) and $2.86 (50-day SMA). A breakout above $2.86 could signal a reversal, while a breach below $2.40 may trigger further declines. The companys undervaluation metrics (P/E and P/B) could attract value investors, potentially stabilizing the stock price in the near term.