THR
Thermon Group Holdings, Inc. Industrials - Process Heating Investor Relations →
Thermon Group Holdings, Inc. (THR) closed at $46.93 as of 2026-03-20, trading 69.7% above its 200-week moving average of $27.65. The stock moved further from the line this week, up from 69.6% last week. The 14-week RSI sits at 64, indicating neutral momentum.
Trading volume is running at 1.5x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.70 ratio) is neutral — neither side is clearly dominating.
Over the past 728 weeks of data, THR has crossed below its 200-week moving average 12 times. On average, these episodes lasted 22 weeks. Historically, investors who bought THR at the start of these episodes saw an average one-year return of +5.2%.
With a market cap of $1542 million, THR is a small-cap stock. The company generates a free cash flow yield of 2.9%. Return on equity stands at 11.4%. The stock trades at 2.9x book value.
Over the past 14 years, a hypothetical investment of $100 in THR would have grown to $214, compared to $593 for the S&P 500. THR has returned 5.6% annualized vs 13.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 31% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: THR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After THR Crosses Below the Line?
Across 12 historical episodes, buying THR when it crossed below its 200-week moving average produced an average return of +6.7% after 12 months (median +16.0%), compared to +17.7% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +7.0% vs +35.6% for the index.
Each line shows $100 invested at the moment THR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
THR has crossed below its 200-week MA 12 times with an average 1-year return of +5.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2013 | May 2013 | 3 | 3.9% | +31.5% | +152.6% |
| Aug 2013 | Aug 2013 | 1 | 0.0% | +38.5% | +141.3% |
| Jan 2015 | Feb 2015 | 2 | 4.8% | -24.3% | +119.2% |
| Aug 2015 | Oct 2017 | 113 | 33.6% | -13.2% | +108.5% |
| Nov 2017 | Nov 2017 | 2 | 1.9% | +6.9% | +124.8% |
| Dec 2018 | Dec 2018 | 2 | 10.4% | +44.4% | +149.5% |
| Aug 2019 | Aug 2019 | 1 | 2.3% | -35.2% | +126.7% |
| Feb 2020 | Mar 2021 | 56 | 52.1% | -23.3% | +123.6% |
| Mar 2021 | Aug 2022 | 73 | 26.4% | -12.5% | +133.7% |
| Aug 2022 | Nov 2022 | 11 | 17.6% | +39.4% | +155.9% |
| Aug 2025 | Aug 2025 | 1 | 1.8% | N/A | +94.7% |
| Oct 2025 | Oct 2025 | 1 | 0.0% | N/A | +88.2% |
| Average | 22 | — | +5.2% | — |
Frequently Asked Questions
Is THR below its 200-week moving average?
No. Thermon Group Holdings, Inc. (THR) is currently 69.7% above its 200-week moving average of $27.65. It would need to fall to $27.65 to cross below the line.
What is THR's 200-week moving average price?
Thermon Group Holdings, Inc.'s 200-week moving average is $27.65 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when THR drops below its 200-week moving average?
THR has crossed below its 200-week moving average 12 times in our data. On average, buying at that moment produced a one-year return of +5.2%. These dips have historically been decent entry points. These episodes lasted 22 weeks on average.
Is THR a good value right now?
Here's what our data says about THR as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 64. Free cash flow yield is 2.9%. Return on equity is 11.4%. Price-to-book is 2.9x. This is not a buy or sell recommendation — always do your own research.
How does THR compare to the S&P 500?
Over the past 14 years, $100 invested in THR would have grown to $214, compared to $593 for the S&P 500. That's 5.6% annualized vs 13.6% for the index. THR has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20