TriMas Corp (NYSE:TRS) has been upgraded to Overweight in a statement by JPMorgan Chase & Co. earlier today.
- Updated: September 26, 2016
JPMorgan Chase & Co. has upgraded TriMas Corp (NYSE:TRS) to Overweight in a statement released on Tuesday September 27, 2016.
Having a price of $17.51, TriMas Corp (NYSE:TRS) traded -1.68% lower on the day. The last closing price is down -1.99% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. TRS has recorded a 50-day moving average of $18.37 and a two hundred day average of $17.86. Volume of trade was up over the average, with 356,381 shares of TRS changing hands over the typical 219,164
With a total market value of $0, TriMas Corp has with a one year low of $14.76 and a one year high of $22.02 .
Brief Synopsis About TriMas Corp (NYSE:TRS)
TriMas Corporation is a designer, manufacturer and distributor of engineered and applied 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. The Aerospace segment is a designer and manufacturer of a range of products for use in the aerospace industry. The Energy segment is a manufacturer and distributor of metallic and non-metallic gaskets, bolts, industrial fasteners and specialty products for the petroleum refining, petrochemical, oil field and industrial markets. The Engineered Components segment is a designer, manufacturer and distributor of high-pressure and acetylene cylinders for the transportation, storage and dispensing of compressed gases.
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