Trinity Capital Inc (NASDAQ: TRIN) is -1.31% lower on its value in year-to-date trading and has touched a low of $13.05 and a high of $15.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRIN stock was last observed hovering at around $14.50 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $14.28, the stock is -1.80% and 0.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.46 million and changing -1.52% at the moment leaves the stock -0.39% off its SMA200. TRIN registered -3.97% loss for a year compared to 6-month gain of 1.42%. The firm has a 50-day simple moving average (SMA 50) of $14.251 and a 200-day simple moving average (SMA200) of $14.339875.
The stock witnessed a -0.14% loss in the last 1 month and extending the period to 3 months gives it a 2.73%, and is -1.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.54% over the week and 1.49% over the month.
Trinity Capital Inc (TRIN) has around 68 employees, a market worth around $841.17M and $196.58M in sales. Current P/E ratio is 8.43 and Fwd P/E is 6.90. Profit margin for the company is 44.48%. Distance from 52-week low is 9.47% and -6.42% from its 52-week high. The company has generated returns on investments over the last 12 months (5.74%).
The EPS is expected to shrink by -3.44% this year
118.0 institutions hold shares in Trinity Capital Inc (TRIN), with institutional investors hold 25.79% of the company’s shares. The shares outstanding are 57.64M, and float is at 56.43M with Short Float at 2.23%. Institutions hold 24.35% of the Float.
The top institutional shareholder in the company is MN SERVICES VERMOGENSBEHEER B.V. with over 62416.0 shares valued at $10.52 million. The investor’s holdings represent 0.1335 of the TRIN Shares outstanding. As of 2024-06-30, the second largest holder is DEARBORN PARTNERS LLC with 6688.0 shares valued at $1.13 million to account for 0.0143 of the shares outstanding.
Trinity Capital Inc (TRIN) Insider Activity
The most recent transaction is an insider purchase by Zacharia Michael, the company’s Director. SEC filings show that Zacharia Michael bought 5,560 shares of the company’s common stock on Dec 10 ’24 at a price of $14.34 per share for a total of $79744.0. Following the purchase, the insider now owns 22102.0 shares.
Trinity Capital Inc disclosed in a document filed with the SEC on Nov 04 ’24 that Brown Steve Louis (Executive Chairman) bought a total of 19,350 shares of the company’s common stock. The trade occurred on Nov 04 ’24 and was made at $13.12 per share for $0.25 million. Following the transaction, the insider now directly holds 0.72 million shares of the TRIN stock.
Still, SEC filings show that on Nov 04 ’24, Zacharia Michael (Director) acquired 790 shares at an average price of $13.15 for $10385.0. The insider now directly holds 16,542 shares of Trinity Capital Inc (TRIN).
