Shares of Triton International Limited (NYSE:TRTN) traded today at $70.99, eclipsing its 52-week high. Approximately 149,000 shares have changed hands today, as compared to an average 30-day volume of 497,000 shares.
Based on a current price of $70.30, Triton International Limited is currently 1.5% above its average consensus analyst price target of $69.22.
Triton International Ltd operates as a lessor of intermodal containers. It also leases chassis which are used for the transportation of containers. The operating segments are Equipment leasing and Equipment trading. It has a presence in Asia, Europe, America, Bermuda, and Other countries. The company leases equipment such as Dry freight, Refrigerated, Special, Chassis, and Tank containers. The majority of the revenue is generated from the Equipment leasing segment.
Over the past year, Triton International Limited has traded in a range of $46.75 to $70.99 and is now at $70.30, 50% above that low.
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