Stock Rating Upgrade
The Value Trend Rating for TriMas Corp (NASDAQ: TRS) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/8/24, TriMas Corp (NASDAQ: TRS) stock declined slightly by -0.3%, closing at $27.32. However, this decline was accompanied by exceptionally low trading volume at 47% of normal. The stock has performed in line with the market over the last nine months and has risen 1.8% during the last week.
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 58 and a slightly negative Power Rating of 37, triggering the Low Neutral Value Trend Rating.
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