Trinity Capital Inc (TRIN) concluded trading on Wednesday at a closing price of $14.28, with 0.46 million shares of worth about $6.58 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.42% during that period and on January 08, 2025 the price saw a loss of about -1.52%. Currently the company’s common shares owned by public are about 57.64M shares, out of which, 56.43M shares are available for trading.
Stock saw a price change of -1.31% in past 5 days and over the past one month there was a price change of -0.14%. Year-to-date (YTD), TRIN shares are showing a performance of -1.31% which decreased to -3.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.05 but also hit the highest price of $15.26 during that period. The average intraday trading volume for Trinity Capital Inc shares is 542.73K. The stock is currently trading -1.80% below its 20-day simple moving average (SMA20), while that difference is up 0.12% for SMA50 and it goes to -0.39% lower than SMA200.
Trinity Capital Inc (NASDAQ: TRIN) currently have 57.64M outstanding shares and institutions hold larger chunk of about 23.30% of that.
The stock has a current market capitalization of $841.17M and its 3Y-monthly beta is at 0.60. PE ratio of stock for trailing 12 months is 8.43, while it has posted earnings per share of $1.69 in the same period. It has a debt-to-equity ratio of 1.22. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TRIN, volatility over the week remained 1.54% while standing at 1.49% over the month.
Stock’s fiscal year EPS is expected to drop by -3.44% while it is estimated to decrease by -2.19% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on December 02, 2024 offering an Underweight rating for the stock and assigned a target price of $13 to it. Coverage by Compass Point stated Trinity Capital Inc (TRIN) stock as a Buy in their note to investors on August 22, 2023, suggesting a price target of $15.50 for the stock. On August 07, 2023, Keefe Bruyette Upgrade their recommendations, while on July 05, 2023, Jefferies Initiated their ratings for the stock with a price target of $15. Stock get an Underperform rating from Keefe Bruyette on March 13, 2023.
