NEW YORK (

TheStreet

) --

Triumph Group

(NYSE:

TGI

) hit a new 52-week high Friday as it is currently trading at $53.51, above its previous 52-week high of $53.48 with 636,817 shares traded as of 1:12 p.m. ET. Average volume has been 642,600 shares over the past 30 days.

Triumph Group has a market cap of $2.4 billion and is part of the

industrial goods

sector and

aerospace/defense

industry. Shares are up 12.5% year to date as of the close of trading on Thursday.

Triumph Group, Inc., through its subsidiaries, engages in the design, engineering, manufacture, repair, overhaul, and distribution of aircraft components. The company operates in two segments, Aerospace Systems and Aftermarket Services. The company has a P/E ratio of 15.5, below the average aerospace/defense industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Triumph Group as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Triumph Group Ratings Report

.

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