Tricon Capital Group Inc (TSE:TCN)’s share price was up 0.3% during trading on Monday . The stock traded as high as C$10.64 and last traded at C$10.56. Approximately 71,055 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 326,467 shares. The stock had previously closed at C$10.53.

Several equities analysts recently commented on TCN shares. TD Securities dropped their price objective on Tricon Capital Group from C$15.00 to C$14.50 and set an “action list buy” rating on the stock in a research note on Wednesday, April 3rd. Raymond James upped their price objective on Tricon Capital Group from C$13.00 to C$13.25 and gave the company a “strong-buy” rating in a research note on Monday, March 4th.

The stock has a market cap of $2.04 billion and a price-to-earnings ratio of 10.53. The stock’s 50 day moving average is C$10.52. The company has a current ratio of 1.80, a quick ratio of 1.42 and a debt-to-equity ratio of 36.14.

Tricon Capital Group (TSE:TCN) last posted its earnings results on Tuesday, May 7th. The company reported C$0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.09 by C$0.22. The company had revenue of C$77.99 million for the quarter. As a group, research analysts expect that Tricon Capital Group Inc will post 0.8900001 EPS for the current fiscal year.

In related news, Director Gary Berman bought 5,050 shares of the company’s stock in a transaction on Monday, April 8th. The shares were purchased at an average price of C$10.75 per share, for a total transaction of C$54,287.50. Following the completion of the transaction, the director now directly owns 451,651 shares in the company, valued at approximately C$4,855,248.25.

ILLEGAL ACTIVITY NOTICE: “Tricon Capital Group (TSE:TCN) Trading Up 0.3%” was published by Daily Political and is the property of of Daily Political. If you are viewing this story on another domain, it was stolen and republished in violation of United States and international copyright law. The original version of this story can be accessed at https://www.dailypolitical.com/2019/06/17/tricon-capital-group-tsetcn-trading-up-0-3.html.

About Tricon Capital Group (TSE:TCN)

Tricon Capital Group Inc is a principal investor and asset manager focused on the residential real estate industry in North America. The firm owns and manages on behalf of third-party investors a portfolio of investments in land and homebuilding assets, single-family rental homes, manufactured housing communities, and multi-family development projects.

Further Reading: Support Level

Receive News & Ratings for Tricon Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tricon Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.