Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ternium SA (ADR) before investing.

In this article, we go over a few key elements for understanding Ternium SA (ADR)’s stock price such as:

• Ternium SA (ADR)’s current stock price and volume
• Why Ternium SA (ADR)’s stock price changed recently
• Upgrades and downgrades for TX from analysts
• TX’s stock price momentum as measured by its relative strength

About Ternium SA (ADR) (TX)

Before we jump into Ternium SA (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Ternium S.A. is a producer of steel products. The Company produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers, steel processors or end users. The Company operates through two segments: Steel and Mining. The Steel segment includes the sales of steel products, and the Mining segment includes the sales of iron ore products, which are primarily inter-company. The Steel segment comprises three operating segments: Mexico, the Southern Region, and Other Markets. In the steel segment, steel products include slabs, billets, and round bars (steel in its basic, semi-finished state), hot-rolled coils and sheets, bars and stirrups, wire rods, cold-rolled coils and sheets, tin plate, hot dipped galvanized and electrogalvanized sheets and pre-painted sheets, steel pipes and tubular products, beams, roll-formed products, and other products. In the mining segment, iron ore is sold as concentrates (fines) and pellets.

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Ternium SA (ADR)’s Stock Price as of Market Close

As of June 07, 2024, 4:00 PM, CST, Ternium SA (ADR)’s stock price was $39.22.

Ternium SA (ADR) is down 4.11% from its previous closing price of $40.90.

During the last market session, Ternium SA (ADR)’s stock traded between $40.60 and $42.04. Currently, there are 196.31 million shares of Ternium SA (ADR) stock available for purchase.

Ternium SA (ADR)’s price-earnings (P/E) ratio is currently at 12.1, which is low compared to the Metals & Mining - Iron & Steel industry median of 13.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ternium SA (ADR) Stock Price History

Ternium SA (ADR)’s (TX) price is currently down 9.17% so far this month.

During the month of June, Ternium SA (ADR)’s stock price has reached a high of $43.57 and a low of $39.03.

Over the last year, Ternium SA (ADR) has hit prices as high as $45.58 and as low as $35.22. Year to date, Ternium SA (ADR)’s stock is up 28.34%.

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What Caused Ternium SA (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 06, 2024, there was 1 analyst who downgraded Ternium SA (ADR)’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Ternium SA (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ternium SA (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ternium SA (ADR)’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ternium SA (ADR) (TX) by visiting AAII Stock Evaluator.

Relative Price Strength of Ternium SA (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 06, 2024, Ternium SA (ADR) has a weighted four-quarter relative price strength of -5.19%, which translates to a Momentum Score of 51 and is considered to be Average.

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Ternium SA (ADR) Stock Price: Bottom Line

As of June 7, 2024, Ternium SA (ADR)’s stock price is $39.22, which is down 4.11% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ternium SA (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.