Home  »  Hot Stocks   »  Riding the Trend or Protecting Profits | Trine II ...

Riding the Trend or Protecting Profits | Trine II Acquisition Corp. (TRAQ)

Trine II Acquisition Corp. (NYSE:TRAQ) went up by 0.10% from its latest closing price compared to the recent 1-year high of $10.35. The company’s stock price has collected 0.49% of gains in the last five trading sessions.

Is It Worth Investing in Trine II Acquisition Corp. (NYSE :TRAQ) Right Now?

Trine II Acquisition Corp. (NYSE:TRAQ) scored a price-to-earnings ratio above its average ratio, recording 22.68 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Trine II Acquisition Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.


TRAQ currently public float of 41.40M and currently shorts hold a 0.01% ratio of that float. Today, the average trading volume of TRAQ was 43.97K shares.

TRAQ’s Market Performance

TRAQ stocks went up by 0.49% for the week, with a monthly jump of 0.98% and a quarterly performance of 2.99%. The volatility ratio for the week stands at 0.22% while the volatility levels for the past 30 days are set at 0.16% for Trine II Acquisition Corp. The simple moving average for the period of the last 20 days is 0.62% for TRAQ stocks with a simple moving average of 3.29% for the last 200 days.

TRAQ Trading at 1.54% from the 50-Day Moving Average

After a stumble in the market that brought TRAQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.10% of loss for the given period.

Volatility was left at 0.16%, however, over the last 30 days, the volatility rate increased by 0.22%, as shares surge +1.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.99% upper at present.

During the last 5 trading sessions, TRAQ rose by +0.49%, which changed the moving average for the period of 200-days by +4.87% in comparison to the 20-day moving average, which settled at $10.28. In addition, Trine II Acquisition Corp. saw 0.34% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for TRAQ

Equity return is now at value 5.90, with 5.50 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 19.42.

5 Lithium Stocks with High Future Potential

Demand for lithium is expected to increase 8-fold by 2030. The world's largest automakers are racing to go green as the global EV boom continues.


We have collated a list of top five lithium stocks which are well positioned to benefit from the 2023 lithium boom because of their focus on multiple high-potential lithium projects.

100% free. stop anytime no spam