Triumph Group Stock Hits New 52-Week High (TGI)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Wednesday as it is currently trading at $65.97, above its previous 52-week high of $65.68 with 65,922 shares traded as of 10:09 a.m. ET. Average volume has been 529,700 shares over the past 30 days.
Triumph Group has a market cap of $2.96 billion and is part of the
sector and
industry. Shares are up 10.7% year to date as of the close of trading on Tuesday.
Triumph Group, Inc., through its subsidiaries, engages in the design, engineering, manufacture, repair, overhaul, and distribution of aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. The company has a P/E ratio of 14.5, below the average aerospace/defense industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Triumph Group as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full
.
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