Trinity Biotech (NASDAQ:TRIB) Stock Passes Above 200-Day Moving Average – What’s Next?

Trinity Biotech PLC (NASDAQ:TRIBGet Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.71 and traded as high as $0.83. Trinity Biotech shares last traded at $0.82, with a volume of 300,833 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen began coverage on Trinity Biotech in a report on Saturday, May 17th. They set a “sell” rating for the company.

Get Our Latest Report on TRIB

Trinity Biotech Stock Performance

The firm has a 50 day moving average price of $0.68 and a two-hundred day moving average price of $0.71. The company has a market cap of $14.77 million, a P/E ratio of -0.28 and a beta of 0.76.

About Trinity Biotech

(Get Free Report)

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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