TRON INC (TRON)
Consumer Discretionary · Blockchain treasury / Digital asset holding; Toy and souvenir licensing · NASDAQ
Tron Inc. combines a niche pop-culture toy and souvenir design business with a corporate treasury strategy heavily invested in TRON blockchain assets.
What TRON INC does
Tron Inc. (formerly SRM Entertainment) is a dual-business company operating as a blockchain-integrated treasury strategist holding significant TRON (TRX) digital assets, and through its SRM Ltd subsidiary, designing and manufacturing custom merchandise including toys, souvenirs, figures, plush, accessories, apparel, and homewares for major theme parks and entertainment venues worldwide. The company distributes products to Walt Disney Parks and Resorts, Universal Parks and Destinations, SeaWorld, Six Flags, and other attractions, leveraging pop culture licensing relationships with major entertainment franchises. The company is distinguished as a publicly traded entity with the largest TRON token holdings and positions itself at the intersection of pop culture commerce and blockchain treasury management.
Themes: blockchain ecosystem, digital assets / crypto treasury, theme park merchandise, pop culture collectibles, licensed consumer products
Fundamentals
- Price$2.01 as of 2026-08-21 close
- Market cap$954M as of 2026-08-21
- 1-year return-61.2% 2025-08-21 close $5.18 → 2026-08-21 close $2.01
- P/E140.65 as of 2026-08-24
- Net margin+113.0% as of 2026-08-24
- Gross margin+25.8% as of 2026-08-24
- ROE+2.7% as of 2026-08-24
- Debt / equity0.00 as of 2026-08-24
- Revenue growth (YoY)+10.0% as of 2026-08-24
- Revenue CAGR (3y)-7.9% SEC XBRL
- Beta3.97 as of 2026-08-24
- Last reported earningsn/a no earnings announcement (Form 8-K, Item 2.02) has been filed in our data yet
How TRON compares in its sector
- price-to-earnings ratiotop 10% 262 covered Consumer Discretionary peers, as of 2026-08-24
- net profit margintop 10% 334 covered Consumer Discretionary peers, as of 2026-08-24
- operating marginbottom 10% 334 covered Consumer Discretionary peers, as of 2026-08-24
- gross marginmiddle range 331 covered Consumer Discretionary peers, as of 2026-08-24
- return on equitymiddle range 334 covered Consumer Discretionary peers, as of 2026-08-24
- 3-year revenue CAGRbottom 10% 325 covered Consumer Discretionary peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How TRON INC looks technically
TRON INC (TRON) is trading 14.4% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed below its 200-day average about 42 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend), though buyers have been pushing harder than sellers lately — pressure, not a trend. Momentum is stretched — its 14-day RSI (a 0–100 momentum gauge) is 72, in overbought territory (above 70). It just made a new 20-day high, its first since 2026-05-27, pushing above its recent trading range. It is 66.0% below its highest point of the past year. Trading volume is running unusually high — about 18.7× its 30-day average, a sign of heightened interest.
Trend
9
| Distance from the 200-day | it is trading 14.4% above its 200-day average, the long-term trend line — a longer-term uptrend | +14.4% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $1.55 | $1.55 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $1.76 | $1.76 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 21 calendar days ago — the swings before that are what the structure reading is measured on | 21 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 1.38. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 42 trading days ago — a "death cross", a bearish long-term signal | 42 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 14.4% above | +14.4% |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend), though buyers have been pushing harder than sellers lately — pressure, not a trend | 16.1 |
Momentum
3
| 14-day RSI | momentum is stretched — its 14-day RSI (a 0–100 momentum gauge) is 72, in overbought territory (above 70) | 71.9 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($1.43 to $2.40) — its "stochastic" reading is 59 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 59.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 28 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $5.92 | $5.92 |
|---|---|---|
| From the 52-week high | it is 66.0% below its 52-week high (its highest price of the past year) | -66.0% |
| Above the 52-week low | it is 79.5% above its 52-week low (its lowest price of the past year) | +79.5% |
| Below the 52-week high | it is 66.0% below its highest point of the past year | 66.0% |
| Since a 20-day breakout | it just made a new 20-day high, its first since 2026-05-27, pushing above its recent trading range | 1 session |
| Since a 55-day breakout | it just made a new 55-day high, its first since 2026-05-27, pushing above its recent trading range | 1 session |
| All-time high | its highest closing price on record is $12.80 (set on 2025-06-20) | $12.80 |
| Given back of the 52-week move | over the past year its closes ranged ($1.13 to $5.64), and it has recovered roughly a quarter of its fall from last year’s high — 20% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $3.92 to $4.06. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 19.5% |
| From the all-time high | it is 84.3% below its all-time high | -84.3% |
| Nearest price level | it is trading 7.3% above a support level at $1.86 — a price it turned at four times since 2025-09-30, most recently on 2026-05-19. Since 2024-08-21 it has 8 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -7.3% |
| All-time low | its lowest closing price on record is $0.261 (set on 2025-04-04) | $0.261 |
| Above the all-time low | it is 670.1% above its all-time low | +670.1% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 71% of it) | 71st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.1471 between its high and its low — about 7.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.1471 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $1.27 and $1.84 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $1.27 – $1.56 – $1.84 |
| Typical daily range (% of price) | its price moves about 7.3% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 7.3% |
| Stretch from the 200-day average | it is trading 1.7 daily ranges above its 200-day average price (14.4% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is running unusually high — about 18.7× its 30-day average, a sign of heightened interest | 18.69× |
|---|
Candlestick patterns
1
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 3.7% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +3.7% |
|---|---|---|
| Open gap | it gapped 3.7% above the previous close today and has not traded back through the level it left behind at 1.87 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +3.7% |
| Gap filled | a 3.1% gap up opened on 2026-08-20 has been "filled" 1 session ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 1 session ago |
Price streaks
1
| Closing streak | it has closed higher 3 sessions in a row, a +34% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 3 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 29.5 percentage points (the stock gained 31.8% while the market gained 2.3%) | +29.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 1.0 percentage points (the stock gained 4.1% while the market gained 3.1%) | +1.1% |
| vs market, 6 months | over the past 6 months this stock beat the market by 49.7 percentage points (the stock gained 60.8% while the market gained 11.1%) | +49.7% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 81.7 percentage points (the stock lost 61.2% while the market gained 20.5%) | -81.7% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, its RSI momentum gauge is overbought (a stretched reading) — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 2.9% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-15 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thick, spanning 18.3% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +2.9% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 7% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $1.88 — a volume-weighted average of daily closes over 159 sessions, not a true tick-by-tick VWAP. | +6.8% |
|---|
Price levels it has turned at before
TRON last closed at $2.01 on 2026-08-21. Since 2024-08-21 it has turned at 8 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $1.86 | Support | 7.3% below the last close | turned there four times · 2025-09-30 to 2026-05-19 |
| $1.67 | Support | 16.9% below the last close | turned there twice · 2024-12-04 to 2025-12-01 |
| $2.54 | Resistance | 26.6% above the last close | turned there twice · 2025-10-22 to 2026-05-05 |
| $1.35 | Support | 33.0% below the last close | turned there twice · 2026-06-25 to 2026-07-17 |
| $6.43 | Resistance | 219.7% above the last close | turned there twice · 2025-07-01 to 2025-08-11 |
| $12.80 | Resistance | 536.8% above the last close | turned there twice · 2025-06-20 to 2025-07-17 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $1.38.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Tested and reclaimed 200-day support · Overbought (14-day RSI above 70) · Pulled back from the 12-month high · Unusually heavy trading volume · Broke out to a new 20-day high | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["High concentration of digital assets (TRON/TRX) exposes the balance sheet to significant price volatility.","Significant ownership concentration by a single shareholder (Bravemorning/Weike Sun) may limit the influence of other stockholders.","Dependence on licensing agreements with major content providers for its toy and souvenir product portfolio."]
What changed in the latest 10-Q
AI-assisted comparison of TRON's 10-Q filed 2026-05-08 against the prior one filed 2025-11-10.
Management's Discussion & Analysis (MD&A)
- Added:
- Added description of company as 'pioneering blockchain-integrated treasury strategies' and 'public company with the largest TRON (TRX) tokens holdings' in General Overview (2026-05-08)
- Added detailed description of June 16, 2025 Securities Purchase Agreement with Bravemorning Limited including $100,000,000 transaction, Series B Preferred Stock, and warrant details (2026-05-08)
- Added information about August 29, 2025 warrant exercise by Bravemorning acquiring 220,000,000 common shares for $110,000,000 and resulting ownership percentages (2026-05-08)
- Added information about December 24, 2025 Stock Purchase Agreement with Black Anthem Limited for $18,000,000 in restricted common stock payable in USDT, closing January 8, 2026 (2026-05-08)
- Added detailed description of January 6, 2026 BGDL Token S&P Agreement for $18,000,000 worth of TRX tokens using dollar-cost averaging mechanism (2026-05-08)
- Added specific TRX token holdings as of March 31, 2026: approximately 11,695,341 TRX tokens purchased for $3,400,001 with prepayment balance of $14,599,999 (2026-05-08)
- Added reference to 'Treasury Wallet' in context of stablecoin transfers (2026-05-08)
- Removed:
- Removed 'listed and traded on NASDAQ, headquartered in Florida' from General Overview (2025-11-10)
- Removed reference to May 21, 2025 May Securities Purchase Agreement and 'May 2025 PIPE Offering' (2025-11-10)
- Removed cross-reference directing readers to 'Recent Developments' section for transaction information (2025-11-10)
- Removed separate 'TRX Tokens Treasury' business section that appeared in older filing (2025-11-10)
- Removed disclosure of TRX token holdings as 'approximately 94 TRX tokens and approximately 549,676,892 sTRX tokens' (2025-11-10)
- Removed detailed Treasury Reserve Policy description including cash assets and TRX token strategy (2025-11-10)
- Removed statement about not setting specific targets for TRX token holdings and monitoring market conditions (2025-11-10)
- Removed disclosure that company has not had any TRX token dispositions (2025-11-10)
- Removed extended discussion of toy and souvenir business model and fan loyalty principles that was in older filing (2025-11-10)
- Reworded:
- Changed company description from basic incorporation details to 'pioneering blockchain-integrated treasury strategies' with emphasis on TRON holdings (2026-05-08)
- Reorganized General Overview to lead with strategic blockchain transformation and add specific transaction details rather than referencing a 'Recent Developments' section (2026-05-08)
- Removed specific statement about SRM Entertainment Limited being 'wholly-owned' and changed to 'wholly owned' and incorporated narrative flow (2026-05-08)
- Changed reference from 'an institutional investor' to named entity 'Bravemorming Limited, a British Virgin Islands business company and related party' (2026-05-08)
- Moved and reformatted the 'Basis of Presentation' section positioning before business description (both filings but different emphasis)
- Notes:
- The newer filing appears to have been truncated at the end ('Our toy and souvenir business is built on the principle that almost everyone is a fan of something and the evolution of pop culture is leading to'), limiting complete comparison of toy and souvenir business section
- The older filing text also appears truncated ('As a result, the breadth and depth of pop culture fandom res'), making full comparison of that section not possible
- Ownership percentage disclosure for Bravemorning changes from 86.6% and 92.5% (as of specific transaction dates) to 88.5% (as of March 31, 2026), reflecting passage of time rather than a filing change
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
Most recent open-market transaction: 2025-08-22. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about TRON's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
3 institutional 13F filers reported holding TRON as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 3
- Reported shares held 458,288
- Reported value $1,040,314
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 0 increased, 2 decreased, 2 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
TRON had 7,691,037 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
TRON had 1.62% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 16.05 days to cover at the same settlement.
- Reported short interest (shares) 7,691,037
- Short interest (% of shares outstanding) 1.62%
- Prior settlement (shares) 7,926,910
- Reported change -2.98%
- Days to cover (reported) 16.05
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Hasbro (HAS)
- Mattel (MAT)
- Funko (FNKO)
- JAKKS Pacific (JAKK)
- Spin Master (TSPTF)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare TRON vs…
TRON ranks in…
Frequently asked questions
What does TRON INC (TRON) do?
Tron Inc. (formerly SRM Entertainment) is a dual-business company operating as a blockchain-integrated treasury strategist holding significant TRON (TRX) digital assets, and through its SRM Ltd subsidiary, designing and manufacturing custom merchandise including toys, souvenirs, figures, plush, accessories, apparel, and homewares for major theme parks and entertainment venues worldwide.
What sector is TRON INC (TRON) in?
TRON INC (TRON) is classified in the Consumer Discretionary sector. Its industry is Blockchain treasury / Digital asset holding; Toy and souvenir licensing. It trades on NASDAQ.
Who are TRON INC's (TRON) competitors?
Notable peers of TRON INC (TRON) include Hasbro, Mattel, Funko, JAKKS Pacific and Spin Master. This peer set is informational only — not financial advice.
Is TRON INC (TRON) overbought or oversold right now?
TRON INC (TRON) is currently in overbought territory (its 14-day RSI is 72, above 70) (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on TRON come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.