Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Trinity Biotech Plc ADR’s stock clocked out at $0.82, down -0.12% from its previous closing price of $0.82. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 0.49 million shares were traded. TRIB stock price reached its highest trading level at $0.838 during the session, while it also had its lowest trading level at $0.81.
ROTH Capital reiterated its Buy rating for the stock on July 29, 2015, while the target price for the stock was revised from $22 to $20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRIB now has a Market Capitalization of 15278256 and an Enterprise Value of 416578816. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31. Its current Enterprise Value per Revenue stands at 8.431 whereas that against EBITDA is -26.7.
Stock Price History:
The Beta on a monthly basis for TRIB is 0.55, which has changed by -0.13684213 over the last 52 weeks, in comparison to a change of 0.17673707 over the same period for the S&P500. Over the past 52 weeks, TRIB has reached a high of $3.44, while it has fallen to a 52-week low of $0.48. The 50-Day Moving Average of the stock is -14.94%, while the 200-Day Moving Average is calculated to be -7.92%.
Shares Statistics:
It appears that TRIB traded 3.03M shares on average per day over the past three months and 18615210 shares per day over the past ten days. A total of 18.63M shares are outstanding, with a floating share count of 17.97M. Insiders hold about 3.57% of the company’s shares, while institutions hold 14.50% stake in the company. Shares short for TRIB as of 1765756800 were 23097 with a Short Ratio of 0.01, compared to 1763078400 on 38536. Therefore, it implies a Short% of Shares Outstanding of 23097 and a Short% of Float of 0.22.
