Zacks: Taronis Technologies Inc (TRNX) Given Consensus Rating of “Strong Buy” by Brokerages

Taronis Technologies Inc (NASDAQ:TRNX) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokers have set a 1-year consensus price objective of $6.50 for the company and are anticipating that the company will post ($0.11) earnings per share for the current quarter, according to Zacks. Zacks has also given Taronis Technologies an industry rank of 160 out of 255 based on the ratings given to related companies.

Separately, HC Wainwright reissued a “buy” rating on shares of Taronis Technologies in a report on Friday, April 12th.

Shares of TRNX stock opened at $0.65 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.40 and a current ratio of 1.97. Taronis Technologies has a 52 week low of $0.53 and a 52 week high of $19.40.

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