StockNews.com began coverage on shares of Trinity Biotech (NASDAQ:TRIB – Free Report) in a report issued on Friday. The firm issued a buy rating on the stock.
Trinity Biotech Price Performance
Shares of NASDAQ:TRIB opened at $1.99 on Friday. The firm has a market capitalization of $15.17 million, a PE ratio of -0.71 and a beta of 1.30. The business has a 50-day moving average of $2.55 and a two-hundred day moving average of $2.22. Trinity Biotech has a 12 month low of $1.49 and a 12 month high of $4.59.
Trinity Biotech (NASDAQ:TRIB – Get Free Report) last posted its earnings results on Wednesday, August 14th. The company reported ($0.55) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.65) by $0.10. The company had revenue of $15.84 million during the quarter, compared to analyst estimates of $15.75 million. As a group, research analysts anticipate that Trinity Biotech will post -1.91 earnings per share for the current year.
Trinity Biotech Company Profile
Trinity Biotech plc acquires, together with its subsidiaries, develops, acquires, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market in the Americas and Ireland. The company offers clinical laboratory products, including diagnostic tests and instrumentation, which detects infectious diseases; sexually transmitted diseases consisting of syphilis and herpes; SARS-CoV-2; and epstein barr, measles, mumps, toxoplasmosis, cytomegalovirus, rubella, varicella and other viral pathogens, as well as products for the in-vitro diagnostic testing for haemoglobin A1c used in the monitoring and diagnosis of diabetes, and identifying those who are at a risk of developing diabetes.
Featured Stories
- Five stocks we like better than Trinity Biotech
- What is the S&P 500 and How It is Distinct from Other Indexes
- Don’t Overlook Campbell Soup: Here’s What Could Drive Its Stock
- Airline Stocks – Top Airline Stocks to Buy Now
- Birkenstock’s Sudden Slide—Why It Might Be Your Next Big Win
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- MarketBeat Week in Review – 8/26 – 8/30
Receive News & Ratings for Trinity Biotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinity Biotech and related companies with MarketBeat.com's FREE daily email newsletter.