Stock price performance of Turquoise Hill Resources Ltd. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 5.64% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 13.74% . Looking at the past 52 week period, the stock price is up at 70.34% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Turquoise Hill Resources Ltd. has a positive value of 27.17 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 3.21% and the 50-Day Moving Average is 3.6%.The 200 Day SMA reached 11.26%
Turquoise Hill Resources Ltd. is having a Relative Strength Index of 53.94 which indicates the stock is not yet over sold or over bought based on the technical indicators. Turquoise Hill Resources Ltd. (NYSE:TRQ) has climbed 1.14% in the past week and advanced 5.64% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.02% and the outperformance has advanced to 4.7% for the last 4 weeks period.
Turquoise Hill Resources Ltd Last issued its quarterly earnings results on Nov 3, 2016. The company reported $-0.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $-0.03. The company had revenue of $226.30 million for the quarter, compared to analysts expectations of $230.54 million. The companys revenue was down -47.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.01 EPS.
Turquoise Hill Resources Ltd. (NYSE:TRQ) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.14 points or 3.78% at $3.56 with 2,562,194 shares getting traded. Post opening the session at $3.7, the shares hit an intraday low of $3.56 and an intraday high of $3.7 and the price was in this range throughout the day. The company has a market cap of $7,164 million and the number of outstanding shares has been calculated to be 2,012,314,500 shares. The 52-week high of Turquoise Hill Resources Ltd. (NYSE:TRQ) is $3.8 and the 52-week low is $1.85.
Turquoise Hill Resources Ltd. is a mining company focused on copper, gold and coal mines in the Asia Pacific region. The company holds interest in Oyu Tolgoi, a copper-gold project located in the south Gobi region of Mongolia. It also holds interests in companies that mine coal in Mongolia, molybdenum and rhenium in Australia, and gold at the Kyzyl Gold Project in Kazakhstan. Turquoise Hill Resources Ltd., formerly known as Ivanhoe Mines Ltd., is based in Vancouver, Canada.