Could Taronis Technologies (TRNX) be worth $7 in the next year?
What’s up with Taronis Technologies?
Taronis Technologies (TRNX) opened at $0.14, which means the stock is down 5.28% from yesterday’s closing price of 0.13. Today, the company has a high of $0.14 and a low of $0.12. The company has a market cap of $23.00 million with a 52-week high of $4.96 and a 52-week low of $0.10.
What about the future for Taronis Technologies?
The high forecast for Taronis Technologies is $7.00 while the low is $1.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Taronis Technologies has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future. Based on this information TRNX seems to be a safe buy.
About Taronis Technologies
Taronis Technologies, Inc. is a technology company, which engages in the production of a plasma based system for the gasification and sterilization of liquid waste. Its products include magnesGas2, magneTote, and co-combustion. The company was founded by Ruggero Maria Santilli on December 9, 2005 and is headquartered in Peoria, AZ.