Recent exceptional negative changes in investment behavior have affected TriMas Corp (NASDAQ: TRS): the stock’s recent price decline challenged its longer term uptrend, the stock fell on very heavy volume, and negative upside/downside volume developed.
TriMas Corp (NASDAQ: TRS) suffers from notable negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
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 (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TriMAS has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 34, triggering the Neutral Value Trend Rating.
Recent Price Action
TriMas Corp (NASDAQ: TRS) stock declined by -3.3% on 8/5/24. The shares closed at $22.97. Moreover, trading volume in this decline was exceptionally high at 235% of normal. The stock has performed in line with the market over the last nine months and has declined -16.5% during the last week.
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