Tron (NASDAQ:TRON) Trading Down 8% – Here’s What Happened

Posted by Logan Wallace on Jul 1st, 2026

Tron Inc. (NASDAQ:TRON – Get Free Report) shares fell 8% on Monday . The stock traded as low as $1.45 and last traded at $1.4450. 296,316 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 1,021,570 shares. The stock had previously closed at $1.57.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Tron from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Tron currently has a consensus rating of “Sell”.

Read Our Latest Research Report on Tron

Tron Price Performance

The stock has a market capitalization of $763.75 million, a P/E ratio of -14.64 and a beta of 8.31. The company has a fifty day moving average of $1.94 and a two-hundred day moving average of $1.76.

Tron (NASDAQ:TRON – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $1.18 million for the quarter. Tron had a net margin of 112.96% and a negative return on equity of 7.27%.

Hedge Funds Weigh In On Tron

Hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC purchased a new stake in shares of Tron during the fourth quarter valued at $487,000. Goldman Sachs Group Inc. purchased a new position in Tron in the 4th quarter worth about $116,000. LPL Financial LLC acquired a new stake in Tron during the 4th quarter worth about $1,018,000. Renaissance Technologies LLC purchased a new position in shares of Tron in the fourth quarter worth approximately $348,000. Finally, State Street Corp acquired a new stake in shares of Tron during the fourth quarter valued at approximately $90,000. Institutional investors and hedge funds own 28.03% of the company’s stock.

Tron Company Profile

(Get Free Report)

SRM Entertainment, Inc designs, manufactures, and sells toys and souvenirs to theme parks. It sells its products through amusement parks, entertainment venues, and theme hotels in the United States, China, Japan, and internationally. The company was incorporated in 2022 and is based in Jupiter, Florida.