A new trading day began on Monday, with Triumph Group Inc. (NYSE: TGI) stock price down -3.64% from the previous day of trading, before settling in for the closing price of $13.48. TGI’s price has ranged from $7.00 to $17.87 over the past 52 weeks.
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A company in the Industrials sector has dropped its sales by -17.32% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 875.93%. With a float of $75.75 million, this company’s outstanding shares have now reached $76.92 million.
In an organization with 4999 employees, it is important to assess its efficiency.
Triumph Group Inc. (TGI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of Triumph Group Inc. is 2.04%, while institutional ownership is 97.91%. The most recent insider transaction that took place on Jun 06 ’24, was worth 151,351. In this transaction Director of this company bought 10,000 shares at a rate of $15.14, taking the stock ownership to the 32,561 shares. Before that another transaction happened on Jun 04 ’24, when Company’s Director bought 10,000 for $14.13, making the entire transaction worth $141,275. This insider now owns 68,987 shares in total.
Triumph Group Inc. (TGI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 875.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.00% during the next five years compared to 40.48% growth over the previous five years of trading.
Triumph Group Inc. (NYSE: TGI) Trading Performance Indicators
Here are Triumph Group Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.93 in one year’s time.
Technical Analysis of Triumph Group Inc. (TGI)
Let’s dig in a bit further. During the last 5-days, its volume was 1.35 million. That was better than the volume of 0.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.72%. Additionally, its Average True Range was 0.73.
During the past 100 days, Triumph Group Inc.’s (TGI) raw stochastic average was set at 6.87%, which indicates a significant increase from 2.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.24% in the past 14 days, which was higher than the 51.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.40, while its 200-day Moving Average is $13.96. However, in the short run, Triumph Group Inc.’s stock first resistance to watch stands at $13.25. Second resistance stands at $13.50. The third major resistance level sits at $13.69. If the price goes on to break the first support level at $12.81, it is likely to go to the next support level at $12.62. The third support level lies at $12.37 if the price breaches the second support level.
Triumph Group Inc. (NYSE: TGI) Key Stats
With a market capitalization of 1.00 billion, the company has a total of 77,028K Shares Outstanding. Currently, annual sales are 1,192 M while annual income is 512,380 K. The company’s previous quarter sales were 225,880 K while its latest quarter income was 547,750 K.
