New Lifetime High Reached By Trinity Industries (TRN)

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Trade-Ideas LLC identified Trinity Industries ( TRN) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Trinity Industries as such a stock due to the following factors:

  • TRN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $126.3 million.
  • TRN has traded 89,815 shares today.
  • TRN is trading at a new lifetime high.

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More details on TRN:

Trinity Industries, Inc. provides various products and services for the energy, transportation, chemical, and construction sectors in the United States, Canada, Mexico, the United Kingdom, Singapore, and Sweden. The stock currently has a dividend yield of 0.8%. TRN has a PE ratio of 12.8. Currently there are 6 analysts that rate Trinity Industries a buy, 1 analyst rates it a sell, and none rate it a hold.

The average volume for Trinity Industries has been 2.9 million shares per day over the past 30 days. Trinity has a market cap of $7.6 billion and is part of the services sector and transportation industry. The stock has a beta of 1.93 and a short float of 11.9% with 10.50 days to cover. Shares are up 77.5% year-to-date as of the close of trading on Friday.

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