Triumph Group (TGI) Shares Slide -21.75%

Triumph Group (TGI) : During the past 4 weeks, traders have been relatively bearish on Triumph Group (TGI), hence the stock is down -16.38% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -21.7% relative to the S&P 500. The 4-week change in the price of the stock is -13.57% and the stock has fallen -21.75% in the past 1 week.

The stock has recorded a 20-day Moving Average of 15.65% and the 50-Day Moving Average is 16.91%. Triumph Group, Inc. has dropped 14.7% during the last 3-month period . Year-to-Date the stock performance stands at -22.25%.


Triumph Group (NYSE:TGI): stock turned positive on Friday. Though the stock opened at $29.6, the bulls momentum made the stock top out at $31.05 level for the day. The stock recorded a low of $28.43 and closed the trading day at $30.83, in the green by 3.01%. The total traded volume for the day was 2,787,074. The stock had closed at $29.93 in the previous days trading.

Also, Jefferies maintains its view on Triumph Group (NYSE:TGI) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Jefferies lowers the price target from $54 per share to $44 per share on Triumph Group . 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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