Triumph Group (NYSE:TGI) : During the past 4 weeks, traders have been relatively bearish on Triumph Group (NYSE:TGI), hence the stock is down -9.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.04% relative to the S&P 500. The stock has risen by 0.22% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.19% in the past 4 weeks.
The company shares have dropped -44.24% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $65.09 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $37.04 and the 200 Day Moving Average price is recorded at $33.55.
The stock has recorded a 20-day Moving Average of 2.27% and the 50-Day Moving Average is 2.94%.
Triumph Group (NYSE:TGI): stock turned positive on Friday. Though the stock opened at $33.92, the bulls momentum made the stock top out at $35.96 level for the day. The stock recorded a low of $33.77 and closed the trading day at $35.75, in the green by 7.42%. The total traded volume for the day was 952,168. The stock had closed at $33.28 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Triumph Group Inc, Palmer Adam Joseph had purchased shares worth of $640,000 in a transaction dated on February 10, 2016. A total of 25,000 shares were purchased at a price of $25.6 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Triumph Group, Inc. (Triumph) designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. It serves the aviation industry, including original equipment manufacturers (OEMs), of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. The Company operates in three segments: Triumph Aerostructures Group, engaged in the design, manufacture and building of metallic and composite aerostructures and structural components; Triumph Aerospace Systems Group, engaged in the design and engineering of mechanical, electromechanical, hydraulic and hydromechanical control systems, and Triumph Aftermarket Services Group, which performs maintenance, repair and overhaul services (MRO) and supplies spare parts for the commercial and military aviation industry and services airline and air cargo carrier customers.