Revenue Update on TriMas Corp(NASDAQ:TRS)

TriMas Corp(NASDAQ:TRS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $203.32M. Analysts estimated a revenue of $222.52M. Earnings per share were $0.34. Analysts had estimated an EPS of $0.34.

TriMas Corp (TRS) shares turned negative on Thursdays trading session with the shares closing down -0.06 points or -0.34% at a volume of 2,39,342. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.945. The peak price level was also seen at $17.945 while the days lowest was $17.59. Finally the shares closed at $17.6. The 52-week high of the shares is $22.02 while the 52-week low is $14.76. According to the latest information available, the market cap of the company is $800 M.

Several Insider Transactions has been reported to the SEC. On Mar 9, 2016, Nancy Gougarty (director) sold 4,005 shares at $17.61 per share price.Also, On Nov 27, 2015, Marshall A Cohen (director) sold 36,183 shares at $21.00 per share price.On Nov 10, 2015, Herbert K Parker (director) purchased 2,500 shares at $20.33 per share price, according to the Form-4 filing with the securities and exchange commission.

TriMas Corporation (TriMas) is a designer manufacturer and distributor of engineered and applied products for commercial industrial and consumer markets. The Company operates through four segments: Packaging Energy Aerospace and Engineered Components. Its Packaging segment is a designer manufacturer and distributor of engineered closure and dispensing systems for steel and plastic industrial and consumer packaging applications. Its Energy segment is a manufacturer and distributor of metallic and non-metallic gaskets bolts industrial fasteners and specialty products for the petroleum refining petrochemical oil field and industrial markets. Its Aerospace segment is a designer and manufacturer of a range of products for use in the aerospace industry. Its Engineered Components is a designer manufacturer and distributor of natural gas powered engines and parts and high-pressure and low-pressure steel cylinders for the transportation storage and dispensing of compressed gases.

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