Is Trinity Industries Setting Up for a Big Move?

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The company is seeing weak performance in its Rail Products Group due to low railcar deliveries and fewer railcars sold. TRN was negatively affected by the pandemic, as disruptions hurt railcar demand, which weighed on lease rates.

While the company’s cash balance of $178 million is low, its current ratio of 2.9 indicates it has enough liquidity to handle short-term obligations. Unfortunately, though, the company has a negative profit margin.

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