 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Triton International Limited (TRTN) engages in the acquisition, leasing, re-leasing, and sale of various intermodal containers and chassis to shipping lines, and freight forwarding companies and manufacturers.
It operates in two segments, Equipment Leasing and Equipment Trading.
The company primarily leases dry freight containers, refrigerated containers, special containers, tank containers, and chassis, as well as manages containers owned by third parties.
As of December 31, 2016, its total fleet consisted of 3,098,198 containers and chassis representing 5,085,344 twenty-foot equivalent units.
The company also purchases containers from shipping line customers and other sellers, and resells these containers to container retailers and users for storage and one-way shipments.
It operates in Asia, Europe, North America/South America, Bermuda, and internationally. The company was founded in 1980 and is based in Hamilton, Bermuda.
Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock. the firm reports its results on November 8th.
52-Weeks Trading Range: $11.50 - $40.51
Entry Point: $39.50
Stop Loss: $37.50
Target Price: $43.45
TRTN closed at $39.58
