Triumph Group Inc. (TGI) Plunges 12.28% on August 13

Equities Staff  |

Triumph Group Inc. (TGI) had a rough trading day for Thursday August 13 as shares tumbled 12.28%, or a loss of $-1.04 per share, to close at $7.43. After opening the day at $8.15, shares of Triumph Group Inc. traded as high as $8.28 and as low as $7.30. Volume was 2.47 million shares over 14,390 trades, against an average daily volume of n/a shares and a total float of 52.07 million.

As a result of the decline, Triumph Group Inc. now has a market cap of $386.9 million. In the last year, shares of Triumph Group Inc. have traded between a range of $29.38 and $3.02, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Triumph Group Inc., check out Equities.com’s Stock Valuation Analysis report for TGI.

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Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a worldwide customer base of players in the commercial, business, and military markets. The company operates under four operating segments: Integrated Systems, Aerospace Structures, Precision Components, and Product Support. It derives the majority of its sales from the Aerospace Structures segment.

Triumph Group Inc. is based out of Berwyn, PA and has some 9,989 employees. Its CEO is Daniel Crowley.

Triumph Group Inc. is a component of the Russell 2000. 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.

To get more information on Triumph Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: TGI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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



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