Shares of TriNet Group Inc. (NYSE:TNET) traded at a new 52-week high today of $102.43. Approximately 112,000 shares have changed hands today, as compared to an average 30-day volume of 184,000 shares.
Trinet Group Inc is a United States-based company that provides human resources solutions for small to medium-size companies. The company’s bundled product offerings include payroll processing, tax administration, employee benefits programs, employee compensation insurance and claims management, compliance, risk mitigation, expense and time management, human resources consultancy, and others. TriNet operates under a co-employment model, where employment-related responsibilities are allocated between the company and its customers through contracts. The company’s customers come from various industries, including technology, life science, nonprofit organizations, professional services, etc. TriNet generates almost all its revenue from the American domestic market.
TriNet Group Inc. (NYSE:TNET) has potential upside of 3.8% based on a current price of $101.08 and analysts’ consensus price target of $104.94.
Over the past year, TriNet Group Inc. has traded in a range of $64.60 to $102.43 and is now at $101.08, 56% above that low.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer