The price of Triumph Group Inc (NYSE:TGI) shares last traded on Wall Street rose 0.04% to $25.11.
TGI stock price is now 32.01% away from the 50-day moving average and 60.32% away from the 200-day moving average. The market capitalization of the company currently stands at $1.94B.
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With the price target enhanced from $20 to $26, Robert W. Baird Downgraded its rating from Outperform to Neutral for Triumph Group Inc (NYSE: TGI). On October 14, 2024, JP Morgan Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock reducing its target price from $15 to quote $12, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, EGNOTOVICH CYNTHIA M, Director bought 10,000 shares of the company’s stock on Jun 06 ’24. The stock was bought for $151,351 at an average price of $15.14. Upon completion of the transaction, the Director now directly owns 32,561 shares in the company, valued at $0.82 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 04 ’24, Director Keating Neal J bought 10,000 shares of the business’s stock. A total of $141,275 was incurred on buying the stock at an average price of $14.13. This leaves the insider owning 68,987 shares of the company worth $1.73 million. A total of 2.13% of the company’s stock is owned by insiders.
During the past 12 months, Triumph Group Inc has had a low of $11.01 and a high of $25.34. The fifty day moving average price for TGI is $18.8936 and a two-hundred day moving average price translates $15.60205 for the stock.
The latest earnings results from Triumph Group Inc (NYSE: TGI) was released for 2024-09-30. The company reported revenue of $287.5 million for the quarter, compared to $284.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.99 percent.
