Toro (NASDAQ:TORO) Posts Earnings Results

Toro (NASDAQ:TORO) posted its quarterly earnings data on Wednesday. The company reported $0.02 EPS for the quarter, Zacks reports. The business had revenue of $4.06 million for the quarter. Toro had a return on equity of 2.31% and a net margin of 21.64%.

Toro Trading Down 2.1%

Shares of NASDAQ:TORO opened at $4.11 on Friday. The stock’s 50-day moving average price is $2.96 and its two-hundred day moving average price is $2.45. Toro has a 12-month low of $1.70 and a 12-month high of $4.94. The firm has a market cap of $78.48 million, a price-to-earnings ratio of 205.60 and a beta of 1.31.

Toro Company Profile

Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide. The company operates in three segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. As of December 31, 2023, it operated a fleet of one Handysize tanker vessel; one Aframax/LR2 vessel; and four LPG carrier vessels with an aggregate cargo carrying capacity of 0.1 million deadweight ton.