Blog

Is Trident undervalued?

Is Trident undervalued?

The regular price of TRIDENT LTD is 0.0. Based on Macroaxis valuation methodology, the company cannot be evaluated at this time. In general, we recommend acquiring undervalued stocks and selling overvalued stocks since, at some point future time, asset prices and their ongoing real values will draw towards each other.

What is the future of Trident stock?

As on 17th Dec 2021 TRIDENT Share Price closed @ 54.85 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 23.06 & Strong Buy for SHORT-TERM with Stoploss of 42.92 we also expect STOCK to react on Following IMPORTANT LEVELS.

What is the target of Trident?

Date Stock Target
06 Aug 2019 Trident Ltd. 73.00
20 May 2019 Trident Ltd. 90.00
17 May 2019 Trident Ltd. 83.00
14 May 2019 Trident Ltd. 81.00
READ ALSO:   What Makes a Good Clinical data Manager?

What is the difference between Trident share price high and low?

High made is about 0.38\% above the opening. Trident share price high is about -89\% of the candle stick body. Trident share price Low made is about 1.61\% below the closing. Low share price is about -55\% of the candle stick body. Experts view is that the stock showed immediate selloff from higher levels in this session.

Is Trident share price high or low a bullish candle stick?

Trident share price high is about -89\% of the candle stick body. Trident share price Low made is about 1.61\% below the closing. Low share price is about -55\% of the candle stick body. Experts view is that the stock showed immediate selloff from higher levels in this session. Previous candle stick is a bullish candle, with a length of 4.94\%

Is Trident Industries plc overvalued or undervalued?

A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Trident has a PE ratio of 21.36 which is high and comparatively overvalued . Return on Assets (ROA): – Return on Assets measures how effectively a company can earn a return on its investment in assets.

READ ALSO:   What happened to the opera during the Romantic period?

What is the current dividend yield of Trident Industries Limited?

Dividend Yield: – It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Trident is Rs 0.36 and the yield is 1.60 \%. Trident earlier known as Abhishek Industries Limited, the flagship company of the Trident Group was incorporated in April, 1990.