Trilogy International Partners Inc. (TSE:TRL)’s share price was up 0.5% during trading on Wednesday . The stock traded as high as C$2.02 and last traded at C$1.99. Approximately 13,159 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 32,153 shares. The stock had previously closed at C$1.98.
Separately, Royal Bank of Canada reaffirmed an “outperform” rating and issued a C$3.00 price objective on shares of Trilogy International Partners in a research report on Wednesday, August 11th.
The company’s fifty day moving average is C$1.91 and its two-hundred day moving average is C$1.81. The company has a market cap of C$163.42 million and a price-to-earnings ratio of -1.77.
TIP Inc is the parent of Trilogy International Partners LLC ("Trilogy LLC"), an international wireless and fixed broadband telecommunications operator formed by wireless industry veterans John Stanton, Theresa Gillespie and Brad Horwitz. Trilogy LLC's founders have successfully bought, built, launched and operated communications businesses in 15 international markets and the United States.
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