Trinity Industries (TRN) : Traders are bullish on Trinity Industries (TRN) as it has outperformed the S&P 500 by a wide margin of 0.25% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.58%, relative to the S&P 500. The stock has risen by 0.75% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.29% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.03% and the 50-Day Moving Average is 2.63%.The 200 Day SMA reached 18.81%
Trinity Industries (NYSE:TRN): After opening at $23.97, the stock dipped to an intraday low of $23.75 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $24.34 and the buying power remained strong till the end. The stock closed at $24.18 for the day, a gain of 0.67% for the day session. The total traded volume was 1,362,308. The stocks close on the previous trading day was $24.18.
Trinity Industries (TRN) : The consensus price target for Trinity Industries (TRN) is $24.2 for the short term with a standard deviation of $2.49. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $26, however, the pessimist price target for the company is $20.
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.