TriMas Corp (New) (TRS) Drops 5.53% on February 11

Equities Staff |

TriMas Corp (New) (TRS) was one of the Russell 2000's biggest losers for Thursday February 11 as the stock slid 5.53% to $15.35, a loss of $-0.899 per share. Starting at an opening price of $16.06 a share, the stock traded between $15.27 and $16.51 over the course of the trading day. Volume was 193,870 shares over 1,889 trades, against an average daily volume of 258,997 shares and a total float of 45.28 million.

The losses send TriMas Corp (New) down to a market cap of $695.13 million. In the last year, TriMas Corp (New) has traded between $32.54 and $15.29, and its 50-day SMA is currently $18.33 and 200-day SMA is $20.06.

The stock has a P/E Ratio of 25.4.

TriMas Corp is a designer, manufacturer and distributor of engineered and applied products for commercial, industrial and consumer markets. The Company's business segments include Packaging, Energy, Aerospace, and Engineered Components.

TriMas Corp (New) is based out of Bloomfield Hills, MI and has some 7,000 employees. Its CEO is David M. Wathen.

For a complete fundamental analysis analysis of TriMas Corp (New), check out Equities.com’s Stock Valuation Analysis report for TRS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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