Here is how Trimas Corporation (TRS) stock might take investors finances to the next level

At the time of writing, Trimas Corporation [TRS] stock is trading at $25.51, up 0.63%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TRS shares have gain 4.29% over the last week, with a monthly amount glided 5.02%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Trimas Corporation [NASDAQ: TRS] stock has seen the most recent analyst activity on May 22, 2023, when BWS Financial initiated its Buy rating and assigned the stock a price target of $40. Previously, William Blair downgraded its rating to Mkt Perform on October 28, 2022. On April 02, 2020, upgrade upgraded it’s rating to Outperform. Seaport Global Securities downgraded its rating to a Neutral and decreased its price target to $27 on September 15, 2017. JP Morgan upgraded its rating to a Overweight. JP Morgan downgraded its rating to Neutral for this stock on January 13, 2017. In a note dated September 27, 2016, JP Morgan upgraded an Overweight rating on this stock.

For the past year, the stock price of Trimas Corporation fluctuated between $22.45 and $27.89. Trimas Corporation [NASDAQ: TRS] shares were valued at $25.51 at the most recent close of the market.

Analyzing the TRS fundamentals

According to Trimas Corporation [NASDAQ:TRS], the company’s sales were 912.50M for trailing twelve months, which represents an 3.13% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.28 points at the first support level, and at 25.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.64, and for the 2nd resistance point, it is at 25.76.

Ratios To Look Out For

It is important to note that Trimas Corporation [NASDAQ:TRS] has a current ratio of 2.82. In addition, the Quick Ratio stands at 1.48 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 1.14, the price to book ratio is 1.53 and price to earnings (TTM) ratio is 26.09.

Transactions by insiders

Recent insider trading involved Tredwell Daniel P, Director, that happened on Aug 12 ’24 when 92.0 shares were purchased. Chief Financial Officer, Mell Scott A completed a deal on May 21 ’24 to sell 1500.0 shares. Meanwhile, Director Tredwell Daniel P bought 81.0 shares on May 10 ’24.

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