Somewhat Favorable Press Coverage Somewhat Unlikely to Affect TriMas (TRS) Share Price

Media stories about TriMas (NASDAQ:TRS) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TriMas earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 45.1313924577876 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Several research firms have recently commented on TRS. BidaskClub lowered shares of TriMas from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Deutsche Bank set a $29.00 price target on shares of TriMas and gave the company a “hold” rating in a research report on Friday, January 19th. ValuEngine raised shares of TriMas from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Zacks Investment Research raised shares of TriMas from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research report on Monday, January 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $26.83.

Shares of TriMas (TRS) opened at $23.75 on Tuesday. The stock has a market cap of $1,085.88, a P/E ratio of -32.99, a P/E/G ratio of 2.98 and a beta of 1.94. TriMas has a fifty-two week low of $19.75 and a fifty-two week high of $28.85. The company has a quick ratio of 1.33, a current ratio of 2.67 and a debt-to-equity ratio of 0.62.

In related news, CFO Robert J. Zalupski sold 2,816 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $25.94, for a total value of $73,047.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.40% of the company’s stock.

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About TriMas

TriMas Corporation is a designer, manufacturer and distributor of engineered products for commercial, industrial and consumer markets. The Company operates through four segments: Packaging, Aerospace, Energy and Engineered Components. The Packaging segment is a designer, manufacturer and distributor of engineered closure and dispensing systems for a range of end markets, including steel and plastic industrial, and consumer packaging applications.

Insider Buying and Selling by Quarter for TriMas (NASDAQ:TRS)

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