THERMON GROUP HOLDINGS, INC. (THR)
Thermon Group Holdings, Inc. specializes in the design, manufacture, and service of temperature management and control products, including industrial process heating solutions, heat tracing, and temperature control systems. The company serves various industries such as oil and gas, petrochemical, electrical, and industrial manufacturing, providing integrated solutions to optimize temperature regulation and improve operational efficiency.
Company News
Thermon Group (THR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
As of April 1, 2024, five stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action,...
Decision taken to move the highest dose of THR-149 (0.13mg) into Part B of the study based on favorable safety profile and positive efficacy data