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How to buy Trinity Biotech stock

Own Trinity Biotech stock in just a few minutes.

Fact checked

Trinity Biotech plc is a diagnostics & research business based in the US. Trinity Biotech shares (TRIB) are listed on the NASDAQ and all prices are listed in US Dollars. Trinity Biotech employs 579 staff and has a trailing 12-month revenue of around USD$90.5 million.

How to buy shares in Trinity Biotech

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Trinity Biotech. Find the stock by name or ticker symbol: TRIB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Trinity Biotech reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Trinity Biotech, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Trinity Biotech. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Trinity Biotech share price

Use our graph to track the performance of TRIB stocks over time.

Trinity Biotech shares at a glance

Information last updated 2021-02-24.
52-week rangeUSD$0.561 - USD$6.82
50-day moving average USD$5.0409
200-day moving average USD$3.4019
Wall St. target priceUSD$7
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.784

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Trinity Biotech stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Trinity Biotech under- or over-valued?

Valuing Trinity Biotech stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Trinity Biotech's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Trinity Biotech's PEG ratio

Trinity Biotech's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Trinity Biotech's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Trinity Biotech's EBITDA

Trinity Biotech's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$11.5 million.

The EBITDA is a measure of a Trinity Biotech's overall financial performance and is widely used to measure a its profitability.

Trinity Biotech financials

Revenue TTM USD$90.5 million
Operating margin TTM 8.4%
Gross profit TTM USD$38.1 million
Return on assets TTM 3.07%
Return on equity TTM -85.93%
Profit margin -21.75%
Book value $0.338
Market capitalisation USD$116.8 million

TTM: trailing 12 months

Shorting Trinity Biotech shares

There are currently 132,961 Trinity Biotech shares held short by investors – that's known as Trinity Biotech's "short interest". This figure is 4.7% up from 127,013 last month.

There are a few different ways that this level of interest in shorting Trinity Biotech shares can be evaluated.

Trinity Biotech's "short interest ratio" (SIR)

Trinity Biotech's "short interest ratio" (SIR) is the quantity of Trinity Biotech shares currently shorted divided by the average quantity of Trinity Biotech shares traded daily (recently around 699794.73684211). Trinity Biotech's SIR currently stands at 0.19. In other words for every 100,000 Trinity Biotech shares traded daily on the market, roughly 190 shares are currently held short.

However Trinity Biotech's short interest can also be evaluated against the total number of Trinity Biotech shares, or, against the total number of tradable Trinity Biotech shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Trinity Biotech's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Trinity Biotech shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Trinity Biotech shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Trinity Biotech.

Find out more about how you can short Trinity Biotech stock.

Trinity Biotech share dividends

We're not expecting Trinity Biotech to pay a dividend over the next 12 months.

Have Trinity Biotech's shares ever split?

Trinity Biotech's shares were split on a 1:4 basis on 2 June 2005. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Trinity Biotech shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Trinity Biotech shares which in turn could have impacted Trinity Biotech's share price.

Trinity Biotech share price volatility

Over the last 12 months, Trinity Biotech's shares have ranged in value from as little as $0.561 up to $6.82. A popular way to gauge a stock's volatility is its "beta".

TRIB.US volatility(beta: 1.85)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Trinity Biotech's is 1.8543. This would suggest that Trinity Biotech's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Trinity Biotech overview

Trinity Biotech plc acquires, develops, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market in the United States, Africa, Asia, and Europe. The company offers clinical laboratory products, including diagnostic tests and instrumentation, which detect infectious diseases, such as lyme disease; sexually transmitted diseases consisting syphilis and herpes; 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. It also develops, manufactures, and distributes products in the immunofluorescence assay, enzyme-linked immunosorbent, western blot, and line immunoassay formats; and provides reagent products, such as ACE, bile acids, lactate, oxalate, and glucose-6-phosphate dehydrogenase for diagnosis of liver and kidney diseases, as well as haemolytic anaemia. In addition, the company sells raw materials to the life sciences industry and research institutes. The company sells its products through its direct sales force; and a network of independent distributors and strategic partners. Its customers include public health facilities, hospitals, and other outreach facilities, as well as clinical and reference laboratories. Trinity Biotech plc was founded in 1992 and is headquartered in Bray, Ireland.

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