TRMD Stock Summary and Trading Ideas (Torm PLC - Class A | NASDAQ:TRMD)

TORM plc operates as a shipping company mainly owning and operating a fleet of product tankers. It is engaged in the transportation of refined oil products and clean petroleum products, including gasoline, jet fuel, naphtha and diesel oil. The Company operates through two segments: the Tanker segment and the Marine Engineering segment, deriving the majority of its revenue from the Tanker segment.

Torm PLC - Class A trades on the NASDAQ stock market under the symbol TRMD.

As of May 22, 2026, TRMD stock price declined to $31.29 with 1,065,409 million shares trading.

TRMD has a beta of 0.38, meaning it tends to be less sensitive to market movements. TRMD has a correlation of 0.01 to the broad based SPY ETF.

TRMD has a market cap of $3.20 billion. This is considered a Mid Cap stock.

Last quarter Torm PLC - Class A reported $402 million in Revenue and $1.18 earnings per share. This beat revenue expectation by $110 million and missed earnings estimates by -$.02.

In the last 3 years, TRMD traded as high as $40.47 and as low as $13.60.

The top ETF exchange traded funds that TRMD belongs to (by Net Assets): COPY, ONEQ, ICPY, SEA, VUS.

TRMD has outperformed the market in the last year with a return of +96.7%, while the SPY ETF gained +29.1%. In the last 3 month period, TRMD beat the market returning +16.5%, while SPY returned +8.4%. However, in the most recent 2 weeks TRMD has underperformed the stock market by returning -7.8%, while SPY returned +1.1%.

TRMD support price is $31.63 and resistance is $33.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TRMD shares will trade within this expected range on the day.