Trinity Biotech (NASDAQ:TRIB) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Trinity Biotech (NASDAQ:TRIBFree Report) in a research note issued to investors on Wednesday morning. The brokerage issued a buy rating on the stock.

Trinity Biotech Stock Down 0.4 %

Shares of Trinity Biotech stock opened at $2.46 on Wednesday. The stock has a market cap of $18.75 million, a PE ratio of -0.88 and a beta of 1.16. Trinity Biotech has a 12 month low of $1.49 and a 12 month high of $5.50. The business has a fifty day simple moving average of $1.93 and a 200-day simple moving average of $2.17.

Trinity Biotech (NASDAQ:TRIBGet Free Report) last issued its earnings results on Thursday, May 23rd. The company reported ($0.37) earnings per share for the quarter. Analysts expect that Trinity Biotech will post -2.17 EPS for the current fiscal year.

About Trinity Biotech

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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.

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