Trinity Industries (NYSE:TRN) has climbed 3.89% in the past week and advanced 9.86% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.14% and the outperformance has advanced to 8.86% for the last 4 weeks period.
Trinity Industries (NYSE:TRN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.16 and $18.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.94, notching a gain of 4.99% for the day. The total traded volume was 2,742,702 . The stock had closed at $18.04 on the previous day.
The company shares have dropped -35.84% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $30.63 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $18.00 and the 200 Day Moving Average price is recorded at $19.91.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Menzies D Stephen, officer (Senior Vice President) of Trinity Industries Inc, had unloaded 101,296 shares at an average price of $27.46 in a transaction dated on November 2, 2015. The total value of the transaction was worth $2,781,588.
Many analysts have stated their opinion on the company shares. Stifel Nicolaus downgrades its view on Trinity Industries (NYSE:TRN) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on April 19, 2016. Currently the company Insiders own 1.8% of Trinity Industries shares according to the proxy statements. Institutional Investors own 70.52% of Trinity Industries shares.
Trinity Industries, Inc. is a diversified industrial company that owns businesses providing products and services to the energy, transportation, chemical and construction sectors. The Companys products and services include railcars and railcar parts, the leasing, management, and maintenance of railcars, inland barges, highway products, aggregates, storage and distribution containers, structural wind towers, electric utility structures and parts and steel components. The Company operates under the following segments: the Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other. The Company caters to concrete producers, which include commercial, residential, highway contractors, manufacturers of masonry products, and state and local municipalities. It also caters to commercial marine transportation companies, wind turbine producers, dealers and industrial users.