WallStreetZenWallStreetZen

NYSE: TRAQ
Trine Ii Acquisition Corp Stock

$10.40+0.06 (+0.58%)
Updated Feb 3, 2023
TRAQ Price
$10.40
Fair Value Price
N/A
Market Cap
$538.20M
52 Week Low
$9.83
52 Week High
$10.41
P/E
18.57x
P/B
-30.22x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$23.59M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.08
Operating Cash Flow
N/A
Beta
0.01
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

TRAQ Overview

Trine II Acquisition Corporation is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar combinations with one or more businesses. The company has not publicly identified a target sector or industry. The company was incorporated in 2021 and is based in New York, NY.

Zen Score

Industry Average (7)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how TRAQ scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

TRAQ is poor value based on its earnings relative to its share price (18.57x), compared to the US market average (15.09x)
P/E vs Market Valuation
TRAQ is poor value based on its earnings relative to its share price (18.57x), compared to the US Shell Companies industry average (15.88x)
P/E vs Industry Valuation
TRAQ's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
There are 30 more TRAQ due diligence checks available for Premium users.

Be the first to know about important TRAQ news, forecast changes, insider trades & much more!

TRAQ News

Valuation

TRAQ price to earnings (PE)

For valuing profitable companies with steady earnings
Company
18.57x
Industry
15.88x
Market
15.09x
TRAQ is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
TRAQ is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

TRAQ price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-30.22x
Industry
-34.09x

TRAQ's financial health

Profit margin

Revenue
$0.0
Net Income
$3.2M
Profit Margin
0%

Assets to liabilities

Assets
$426.3M
Liabilities
$19.2M
Debt to equity
-1.08
TRAQ's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
TRAQ's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$289.3k
Investing
$0.0
Financing
$0.0

TRAQ vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
TRAQ$538.20M+0.58%18.57x-30.22x
YTPG$540.07M+0.20%-331.33x-36.58x
TLGY$536.13M-0.10%17.56x-53.05x
ANZU$534.44M-0.30%34.69x-30.80x
DGNU$532.42M+0.10%70.64x-32.33x

Trine Ii Acquisition Stock FAQ

What is Trine Ii Acquisition's quote symbol?

NYSE: TRAQ) Trine Ii Acquisition trades on the NYSE under the ticker symbol TRAQ. Trine Ii Acquisition stock quotes can also be displayed as NYSE: TRAQ.

If you're new to stock investing, here's how to buy Trine Ii Acquisition stock.

What is the 52 week high and low for Trine Ii Acquisition (NYSE: TRAQ)?

(NYSE: TRAQ) Trine Ii Acquisition's 52-week high was $10.41, and its 52-week low was $9.83. It is currently -0.1% from its 52-week high and 5.8% from its 52-week low.

How much is Trine Ii Acquisition stock worth today?

(NYSE: TRAQ) Trine Ii Acquisition currently has 51,750,000 outstanding shares. With Trine Ii Acquisition stock trading at $10.40 per share, the total value of Trine Ii Acquisition stock (market capitalization) is $538.20M.

Trine Ii Acquisition stock was originally listed at a price of $10.05 in Nov 3, 2021. If you had invested in Trine Ii Acquisition stock at $10.05, your return over the last 1 years would have been 3.48%, for an annualized return of 3.48% (not including any dividends or dividend reinvestments).

How much is Trine Ii Acquisition's stock price per share?

(NYSE: TRAQ) Trine Ii Acquisition stock price per share is $10.40 today (as of Feb 3, 2023).

What is Trine Ii Acquisition's Market Cap?

(NYSE: TRAQ) Trine Ii Acquisition's market cap is $538.20M, as of Feb 6, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Trine Ii Acquisition's market cap is calculated by multiplying TRAQ's current stock price of $10.40 by TRAQ's total outstanding shares of 51,750,000.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.