Trinity Capital Inc (NASDAQ:TRIN) shares, rose in value on Friday, March 28, with the stock price down by -1.43% to the previous day’s close as strong demand from buyers drove the stock to $15.83.
Actively observing the price movement in the last trading, the stock closed the session at $16.06, falling within a range of $15.745 and $16.18. The value of beta (5-year monthly) was 0.612 whereas the PE ratio was 7.67 over 12-month period. Referring to stock’s 52-week performance, its high was $16.82, and the low was $13.05. On the whole, TRIN has fluctuated by -2.40% over the past month.
With the market capitalization of Trinity Capital Inc currently standing at about $994.62 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25. The company’s Forward Dividend Ratio is 1.53, with its dividend yield at 9.67%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 282.49M, with a low estimate of 64.7M and a high estimate of 70.98M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 67.67M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TRIN’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of TRIN currently trading nearly -1.09% and 0.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.29, while the 7-day volatility ratio is showing 1.38% which for the 30-day chart, stands at 1.69%. Furthermore, Trinity Capital Inc (TRIN)’s beta value is 0.59, and its average true range (ATR) is 0.27.
A comparison of Trinity Capital Inc (TRIN) with its peers suggests the former has fared considerably weaker in the market. TRIN showed an intraday change of -1.43% in last session, and over the past year, it grew by 4.97%%.
Data on historical trading for Trinity Capital Inc (NASDAQ:TRIN) indicates that the trading volumes over the past 10 days have averaged 0.54 and over the past 3 months, they’ve averaged 550.42K. According to company’s latest data on outstanding shares, there are 61.67 million shares outstanding.
Nearly 5.63% of Trinity Capital Inc’s shares belong to company insiders and institutional investors own 23.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.08 million shares as on 2025-03-14, resulting in a short ratio of 2.01. According to the data, the short interest in Trinity Capital Inc (TRIN) stood at 182.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.54 million. The stock has risen by 9.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TRIN stock heading into the next quarter.
