Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Trinity Capital Inc (NASDAQ: TRIN) closed the day trading at $13.83 down -1.91% from the previous closing price of $14.10. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 1.01 million shares were traded.
Ratios:
For a better understanding of TRIN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 92.85 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:
As of this moment, Trinity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.70, and their Forward P/E ratio for the next fiscal year is 6.68. 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 1.04.
Stock Price History:
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 -8.78%, while the 200-Day Moving Average is calculated to be -5.12%.
Shares Statistics:
A total of 61.67M shares are outstanding, with a floating share count of 61.01M. Insiders hold about 5.63% of the company’s shares, while institutions hold 23.25% stake in the company.
