Toro (NASDAQ:TORO) Announces Quarterly Earnings Results

Toro (NASDAQ:TORO) posted its earnings results on Tuesday. The company reported ($0.01) EPS for the quarter, Zacks reports. The firm had revenue of $5.23 million for the quarter. Toro had a return on equity of 17.16% and a net margin of 176.49%.

Toro Trading Up 6.3 %

Shares of NASDAQ TORO opened at $2.03 on Thursday. The stock has a market cap of $38.53 million, a price-to-earnings ratio of 1.92 and a beta of 1.26. The company’s 50-day moving average price is $2.44 and its 200 day moving average price is $2.79. Toro has a 52 week low of $1.70 and a 52 week high of $4.85.

About Toro

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.