Trinity Industries (TRN) has risen sharply, recording gains of 5.39% in the past 4 weeks. However, the stock has corrected -0.85% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.61% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.12% and the fifty day Moving Average is 14.81%. Trinity Industries Inc. is up 35.78% in the last three month period. Year-to-Date the stock performance stands at 3.51%.
Trinity Industries (TRN) : The consensus price target for Trinity Industries (TRN) is $23.8 for the short term with a standard deviation of $3.96. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $27, however, the pessimist price target for the company is $17.
Trinity Industries (NYSE:TRN): On Fridays trading session , Opening price of the stock was $24.76 with an intraday high of $24.9. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $24.23. However, the stock managed to close at $24.46, a loss of 0.41% for the day. On the previous day, the stock had closed at $24.56. The total traded volume of the day was 1,204,070 shares.
Trinity Industries, Inc. is a diversified industrial company that owns businesses providing products and services to the energy, transportation, chemical and construction sectors. The Companys products and services include railcars and railcar parts, the leasing, management, and maintenance of railcars, inland barges, highway products, aggregates, storage and distribution containers, structural wind towers, electric utility structures and parts and steel components. The Company operates under the following segments: the Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other. The Company caters to concrete producers, which include commercial, residential, highway contractors, manufacturers of masonry products, and state and local municipalities. It also caters to commercial marine transportation companies, wind turbine producers, dealers and industrial users.