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After finishing at $14.53 in the prior trading day, Trinity Capital Inc (NASDAQ: TRIN) closed at $14.23, down -2.06%. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 0.69 million shares were traded. TRIN stock price reached its highest trading level at $14.615 during the session, while it also had its lowest trading level at $14.2.
Ratios:
Our goal is to gain a better understanding of TRIN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 92.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.54. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.07.
On August 22, 2023, Compass Point Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $15.50.
Keefe Bruyette Upgraded its Underperform to Mkt Perform on August 07, 2023, while the target price for the stock was maintained at $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 10 ’24 when Zacharia Michael bought 5,560 shares for $14.34 per share. The transaction valued at 79,744 led to the insider holds 22,102 shares of the business.
Brown Steve Louis bought 19,350 shares of TRIN for $253,951 on Nov 04 ’24. The Executive Chairman now owns 722,182 shares after completing the transaction at $13.12 per share. On Nov 04 ’24, another insider, Zacharia Michael, who serves as the Director of the company, bought 790 shares for $13.15 each. As a result, the insider paid 10,385 and bolstered with 16,542 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRIN now has a Market Capitalization of 894086528 and an Enterprise Value of 1769171584. As of this moment, Trinity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.90, and their Forward P/E ratio for the next fiscal year is 6.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.91 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 7.803.
Stock Price History:
The Beta on a monthly basis for TRIN is 0.62, which has changed by -0.027341068 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, TRIN has reached a high of $16.82, while it has fallen to a 52-week low of $12.50. The 50-Day Moving Average of the stock is -7.02%, while the 200-Day Moving Average is calculated to be -2.36%.
Shares Statistics:
The stock has traded on average 602.90K shares per day over the past 3-months and 414590 shares per day over the last 10 days, according to various share statistics. A total of 61.67M shares are outstanding, with a floating share count of 59.29M. Insiders hold about 5.63% of the company’s shares, while institutions hold 23.87% stake in the company. Shares short for TRIN as of 1744675200 were 1069628 with a Short Ratio of 1.77, compared to 1741910400 on 1084045. Therefore, it implies a Short% of Shares Outstanding of 1069628 and a Short% of Float of 1.79.
Dividends & Splits
In the trailing 12 months, TRIN’s forward annual dividend rate was 2.04, compared to 2.04 this year. Against a Trailing Annual Dividend Yield of 0.14039917
