Trinity Capital: Trades At Smaller Premium Than Peers [Seeking Alpha]
Trinity Capital Inc. (TRIN)
US:NASDAQ Investor Relations:
lanb.com/home/about-us/news/2017/09/15/trinity-capital-corporation-commences-trading-on-otcqx-and-announces-dtc-eligibility
Company Research
Source: Seeking Alpha
TRIN has a current dividend yield of 13.7%, making it an appealing investment for income-focused investors. TRIN's strategy focuses on maintaining a majority exposure to floating rate debt investments, which has been beneficial in the current higher interest rate environment. The credit quality of debt investments have improved substantially with a higher rate of debt investments reaching the highest quality level rating. The price trades at a premium to NAV but this is typical for high performing, internally managed BDCs. TRIN trades at a much lower premium than internally managed peers. Overview Trinity Capital Inc. NASDAQ: TRIN ) is an internally managed business development company that provides debt and equipment financing to middle-market growth-stage companies. As a business development company, their main objective is to generate consistent income while providing slight capital Recommended For You Recommended For You
Show less
Read more
Impact Snapshot
Event Time:
TRIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRIN alerts
High impacting Trinity Capital Inc. news events
Weekly update
A roundup of the hottest topics
TRIN
News
- Trinity Capital Inc. Provides $40 Million in Growth Capital to Gravie [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Provides $40 Million in Growth Capital to GraviePR Newswire
- Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Second Quarter of 2024PR Newswire
- restor3d secures $70m to advance development of 3D-printed implants [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Exits Its Equity Position in Core Scientific [Yahoo! Finance]Yahoo! Finance
TRIN
Earnings
- 5/1/24 - Miss
TRIN
Sec Filings
- 6/25/24 - Form N-2
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- TRIN's page on the SEC website