Stock Rating Upgrade
Of late the Value Trend Rating for TriMas Corp (NASDAQ: TRS) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
TriMas Corp (NASDAQ: TRS) stock closed at $26.21 on 5/3/24 after a slight decline of -0.04%. However, this decline was accompanied by normal trading volume at 83% of normal. The stock has risen 1.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
TRS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
TriMAS has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. TriMAS has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 39, producing the Low Neutral Value Trend Rating.
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