Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Trinseo PLC before investing.

In this article, we go over a few key elements for understanding Trinseo PLC’s stock price such as:

• Trinseo PLC’s current stock price and volume
• Why Trinseo PLC’s stock price changed recently
• Upgrades and downgrades for TSE from analysts
• TSE’s stock price momentum as measured by its relative strength

About Trinseo PLC (TSE)

Before we jump into Trinseo PLC’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Trinseo PLC is a specialty material solutions provider. Its segments include Engineered Materials, Latex Binders, Base Plastics, Polystyrene, Feedstocks, and Americas Styrenics. The Engineered Materials segment includes its compounds and blends products sold into higher growth and value applications, such as consumer electronics and medical, as well as soft thermoplastic elastomers (TPEs) products. The Latex Binders segment produces styrene-butadiene latex (SB latex) and other latex polymers and binders. The Base Plastics segment consists of a variety of compounds and blends. The Polystyrene segment includes a variety of general-purpose polystyrenes (GPPS) and polystyrene that has been modified with polybutadiene rubber. The Feedstocks segment includes its production and procurement of styrene monomer outside of North America, which is used as a raw material in various products. The Americas Styrenics segment is a producer of both styrene monomer and polystyrene in North America.

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Trinseo PLC’s Stock Price as of Market Close

As of November 08, 2023, 4:00 PM, CST, Trinseo PLC’s stock price was $5.88.

Trinseo PLC is down 5.62% from its previous closing price of $6.23.

During the last market session, Trinseo PLC’s stock traded between $5.73 and $6.26. Currently, there are 35.20 million shares of Trinseo PLC stock available for purchase.

Unfortunately, Trinseo PLC’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Trinseo PLC Stock Price History

Trinseo PLC’s (TSE) price is currently down 5.01% so far this month.

During the month of November, Trinseo PLC’s stock price has reached a high of $7.45 and a low of $5.67.

Over the last year, Trinseo PLC has hit prices as high as $30.54 and as low as $5.48. Year to date, Trinseo PLC’s stock is down 88.79%.

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What Caused Trinseo PLC 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 November 07, 2023, there were 3 analysts who downgraded Trinseo PLC’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Trinseo PLC’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 Trinseo PLC’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Trinseo PLC’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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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 Trinseo PLC (TSE) by visiting AAII Stock Evaluator.

Relative Price Strength of Trinseo PLC

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 November 07, 2023, Trinseo PLC has a weighted four-quarter relative price strength of -32.00%, which translates to a Momentum Score of 10 and is considered to be Very Weak.

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Trinseo PLC Stock Price: Bottom Line

As of November 8, 2023, Trinseo PLC’s stock price is $5.88, which is down 5.62% 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 Trinseo PLC stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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