Trinity Rises On Unusually High Volume (TRN)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Thursday with 2.9 million shares changing hands. It is currently at four times its average daily volume and trading up $1.47 (+4.4%) at $35.01 as of 2:55 p.m. ET.
Trinity has a market cap of $2.54 billion and is part of the
sector and
industry. Shares are up 11.6% year to date as of the close of trading on Wednesday.
Trinity Industries, Inc. provides products and services to the industrial, energy, transportation, and construction sectors primarily in the United States, Canada, Mexico, the United Kingdom, Singapore, and Sweden. The company has a P/E ratio of 26.6, above the average transportation industry P/E ratio of 24.5 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Trinity as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, solid stock price performance, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
.
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