Large Outflow of Money Witnessed in Trinity Industries

Trinity Industries (TRN) : The total negative money flow of $1.27 million on Friday indicates selling on strength. The inflow of money on upticks was $4.74 million, compared to $6.01 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.79. The negative money flow of $1.66 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $0.25 million in a block trade.The transaction value of block trade on downtick was $1.92 million. The uptick to downtick ratio was 0.13. The price action in the Trinity Industries (TRN) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $21.48 with a gain of $0.5 , a change of 2.38% over the previous days close. The stock registered 4.02% for the week.


Trinity Industries (TRN) : 5 investment research analysts covering Trinity Industries (TRN) have an average price target of $26.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $40 and the lowest target is $17 for the short term. Analysts expect the variance to be within $8.58 of the average price.

Trinity Industries (NYSE:TRN): stock turned positive on Friday. Though the stock opened at $20.75, the bulls momentum made the stock top out at $21.96 level for the day. The stock recorded a low of $20.621 and closed the trading day at $21.96, in the green by 4.67%. The total traded volume for the day was 5,649,300. The stock had closed at $20.98 in the previous days trading.

In a related news, The officer (Senior Vice President), of Trinity Industries Inc, Menzies D Stephen had unloaded 101,296 shares at $27.46 per share in a transaction on November 2, 2015. The total value of transaction was $2,781,588. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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.

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