Triumph Financial, Inc. (NASDAQ:TFIN – Get Rating)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $51.92, but opened at $54.99. Triumph Financial shares last traded at $53.97, with a volume of 36,172 shares.

Analyst Ratings Changes

TFIN has been the subject of a number of research analyst reports. Wells Fargo & Company lowered shares of Triumph Financial from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $60.00 to $50.00 in a report on Thursday, December 15th. Stephens cut their price objective on shares of Triumph Financial from $63.00 to $58.00 and set an "equal weight" rating for the company in a report on Friday. Finally, Raymond James cut their price objective on shares of Triumph Financial from $68.00 to $67.00 and set an "outperform" rating for the company in a report on Friday.

Triumph Financial Price Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 13.24 and a beta of 1.20.

About Triumph Financial

Triumph Financial Inc, a financial and technology company, focuses on payments, factoring, and banking. It operates through a portfolio of brands, including TriumphPay, Triumph, and TBK Bank. The company offers cash flow management services for the trucking industry comprising invoice factoring, fuel discount programs, truck and cargo insurance, and equipment finance, banking, and treasury services.

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