Triumph Group (TGI) Shares are Up 3.39%

Triumph Group (TGI) has been under a strong bear grip, hence the stock is down -18.97% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.42% in the past 1 week. The stock has risen by 3.39% in the past week indicating that the buyers are active at lower levels, but the stock is down -18.66% in the past 4 weeks.

Triumph Group, Inc. has dropped 11.88% during the last 3-month period . Year-to-Date the stock performance stands at -19.18%. The stock has recorded a 20-day Moving Average of 0.92% and the 50-Day Moving Average is 8.53%.


Triumph Group (NYSE:TGI): The stock opened at $32.14 on Friday but the bulls could not build on the opening and the stock topped out at $32.24 for the day. The stock traded down to $31.84 during the day, due to lack of any buying support eventually closed down at $32.05 with a loss of -0.65% for the day. The stock had closed at $32.26 on the previous day. The total traded volume was 359,696 shares.

Also, Brokerage firm Jefferies maintains its rating on Triumph Group (NYSE:TGI). As per the latest information, the brokerage house lowers the price target to $44 per share from a prior target of $54. The shares have been rated Buy. The rating by the firm was issued on July 29, 2016.

Triumph Group, Inc. (Triumph) designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. It serves the aviation industry, including original equipment manufacturers (OEMs), of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. The Company operates in three segments: Triumph Aerostructures Group, engaged in the design, manufacture and building of metallic and composite aerostructures and structural components; Triumph Aerospace Systems Group, engaged in the design and engineering of mechanical, electromechanical, hydraulic and hydromechanical control systems, and Triumph Aftermarket Services Group, which performs maintenance, repair and overhaul services (MRO) and supplies spare parts for the commercial and military aviation industry and services airline and air cargo carrier customers.

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