Trinet Group Inc. (TNET) experienced unusually high volume on Feb. 18, as the stock lost 2.88% to a closing price of $12.82. The stock saw 1.16 million shares trade hands over the course of the day on 7,632 trades. Given that the stock’s average daily volume over the last month has been 594,446 shares a day, this represents a pretty substantial spike over the norm.
Trinet Group Inc. has a P/B ratio of -64.1. It also has a P/E ratio of 38.8. The stock has traded between $38.00 and $12.31 over the last 52-weeks, its 50-day SMA is now $16.44, and its 200-day SMA $20.83.
Trinet Group Inc is a provider of a human resources solution for small to medium-sized businesses. Its HR solution includes services such as payroll processing, human capital consulting, employment law compliance and employee benefits & among others.
Headquartered in San Leandro, CA, Trinet Group Inc. has 2,057 employees and is currently under the leadership of CEO Burton M. Goldfield.
For a complete fundamental analysis analysis of Trinet Group Inc., check out Equities.com’s Stock Valuation Analysis report for TNET. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.