How to Buy Torm Stock
Torm PLC
TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha.
Torm stock last closed at $15.54, down 0.38% from the previous day, and has decreased 52.58% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.59 percentage points. Torm stock is currently +14.26% from its 52-week low of $13.60, and -61.6% from its 52-week high of $40.47.
As of Apr 21, 2025, there are 97.81M TRMD shares outstanding. The market value of TRMD is $1.52B. In the last 24 hours, 380,538 TRMD shares were traded.
How to Buy Torm Stock
Not sure how to invest in Torm stock? Here's how.
- Decide where to buy Torm stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Torm stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your payment method and add your details.
- Research Torm stock: The Torm ticker symbol is TRMD. Is Torm stock a good investment? Should you buy shares of TRMD? How do TRMD's underlying business fundamentals look? Do top analysts think Torm is a good buy? Why has TRMD's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if TRMD is a good stock to buy).
- Execute your TRMD buy order: Decide if you will purchase TRMD shares at the current market price or use a limit order to purchase TRMD shares at a specific price.
- Get the latest news on your TRMD investment: Create a watchlist to monitor your investment in Torm stock.
Step 1: Decide where to buy Torm stock
You need an online brokerage account in order to access the NASDAQ market and buy TRMD shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you can buy TRMD stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on a mobile trading app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing funds into your investment account.
Step 4: Research Torm stock
Once you have decided on the best place to buy Torm stock, it's very important to analyze their stock prior to investing, so you truly comprehend the risk and upside.
Torm stock at a glance
Fundamentals of Torm
WallStreetZen was built to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on TRMD's stock page.
What is the fair value of TRMD stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TRMD's fair value.
Using relative valuations measures:
- TRMD may be undervalued based on its P/B ratio of 0.73x, relative to Oil & Gas Midstream industry P/B ratio of 2.77x
You can do more valuation analysis on TRMD's stock here.
TRMD Financial Health Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the TRMD balance sheet.
- Total TRMD debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- TRMD has a relatively high debt to equity ratio of 0.67.
- There are more long-term liabilities than short-term assets on the TRMD balance sheet.
You can dive deeper into what analysts are saying on the Torm stock forecast page.
TRMD Trading Indicators
Latest Insiders Trades at TRMD
Over the past year, insiders at TRMD have not bought or sold any shares.
Learn more about who owns TRMD stock here.
Does TRMD stock generate passive income?
Torm pays a dividend of 36.68%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.13%. If you owned $1,000 worth of TRMD stock, you would have received $366.80 in the past 12 months.
Torm dividend payments have consistently grown over the past 5 years but have not remained stable.
Dig into more analysis about Torm dividend yield and history here.
Get opinions from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your TRMD buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your TRMD investment
Now that you own some TRMD shares, you'll want to keep up with your new stock purchase.
Put TRMD on a watchlist to track the latest developments regarding your TRMD stock.
TRMD Feed
How to Buy Stock in Torm
To reiterate, here are the 6 steps for buying Torm stock:
- Decide where to buy Torm stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Torm stock
- Execute your TRMD buy order
- Get the latest news on your TRMD investment
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Torm, create your watchlist below.
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