Triumph Financial (NYSE:TFIN) Shares Gap Down – What’s Next?

Triumph Financial, Inc. (NYSE:TFIN)’s share price gapped down before the market opened on Monday . The stock had previously closed at $69.20, but opened at $67.00. Triumph Financial shares last traded at $67.39, with a volume of 14,432 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wall Street Zen raised Triumph Financial from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reiterated a “sell (d)” rating on shares of Triumph Financial in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Triumph Financial Stock Down 2.9%

The firm has a market capitalization of $1.60 billion, a P/E ratio of 231.63 and a beta of 1.48. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05.

Triumph Financial Company Profile

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.