Trade-Ideas: Triumph Group (TGI) Is Today's

Trade-Ideas LLC identified Triumph Group ( TGI) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Triumph Group as such a stock due to the following factors:

  • TGI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $30.6 million.
  • TGI has traded 2.0 million shares today.
  • TGI is up 3.1% today.
  • TGI was down 23.9% yesterday.

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More details on TGI:

Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aero structures, aircraft components, accessories, subassemblies, and systems worldwide. The stock currently has a dividend yield of 0.4%. Currently there are 6 analysts that rate Triumph Group a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Triumph Group has been 692,900 shares per day over the past 30 days. Triumph Group has a market cap of $1.9 billion and is part of the industrial goods sector and aerospace/defense industry. The stock has a beta of 1.70 and a short float of 11.5% with 5.79 days to cover. Shares are down 24.7% year-to-date as of the close of trading on Thursday.

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