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Trine Acquisition (TRNE) Competitors

TRNE vs. CION, NETD, RRAC, IPXX, CDRO, VACH, SIMA, LPAA, ENPC, and DHHC

Should you be buying Trine Acquisition stock or one of its competitors? The main competitors of Trine Acquisition include CION Investment (CION), Nabors Energy Transition Corp. II (NETD), Rigel Resource Acquisition (RRAC), Inflection Point Acquisition Corp. II (IPXX), Codere Online Luxembourg (CDRO), Voyager Acquisition (VACH), SIM Acquisition Corp. I (SIMA), Launch One Acquisition (LPAA), Executive Network Partnering (ENPC), and DiamondHead (DHHC).

Trine Acquisition vs.

Trine Acquisition (NYSE:TRNE) and CION Investment (NYSE:CION) are both small-cap companies, but which is the better business? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, community ranking, profitability, valuation, analyst recommendations, media sentiment and dividends.

Trine Acquisition has a beta of 0.17, meaning that its stock price is 83% less volatile than the S&P 500. Comparatively, CION Investment has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500.

CION Investment received 4 more outperform votes than Trine Acquisition when rated by MarketBeat users.

CompanyUnderperformOutperform
Trine AcquisitionN/AN/A
CION InvestmentOutperform Votes
4
30.77%
Underperform Votes
9
69.23%

In the previous week, CION Investment had 8 more articles in the media than Trine Acquisition. MarketBeat recorded 8 mentions for CION Investment and 0 mentions for Trine Acquisition. CION Investment's average media sentiment score of 1.06 beat Trine Acquisition's score of 0.00 indicating that CION Investment is being referred to more favorably in the news media.

Company Overall Sentiment
Trine Acquisition Neutral
CION Investment Positive

68.2% of Trine Acquisition shares are owned by institutional investors. Comparatively, 32.0% of CION Investment shares are owned by institutional investors. 0.1% of CION Investment shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

CION Investment has a consensus target price of $12.25, indicating a potential upside of 6.06%. Given CION Investment's stronger consensus rating and higher probable upside, analysts clearly believe CION Investment is more favorable than Trine Acquisition.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trine Acquisition
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
CION Investment
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

CION Investment has higher revenue and earnings than Trine Acquisition.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trine AcquisitionN/AN/A$2.73MN/AN/A
CION Investment$251.01M2.45$95.31M$1.477.86

CION Investment has a net margin of 31.21% compared to Trine Acquisition's net margin of 0.00%. CION Investment's return on equity of 11.49% beat Trine Acquisition's return on equity.

Company Net Margins Return on Equity Return on Assets
Trine AcquisitionN/A 0.54% 0.52%
CION Investment 31.21%11.49%5.04%

Summary

CION Investment beats Trine Acquisition on 12 of the 13 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TRNE vs. The Competition

MetricTrine AcquisitionHolding & Other Investment Offices Industry SectorNYSE Exchange
Market Cap$162.83M$273.91M$1.97B$20.17B
Dividend YieldN/A7.57%15.23%3.49%
P/E RatioN/A2.1510.9437.84
Price / SalesN/A146.655,383.4918.52
Price / Cash149.8580.91112.4921.28
Price / Book0.5573.361.184.65
Net Income$2.73M$32.40M-$688.09M$986.02M

Trine Acquisition Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRNE
Trine Acquisition
N/A$4.34
+5.1%
N/A+436.9%$162.83MN/A0.00N/A
CION
CION Investment
2.4431 of 5 stars
$11.55
+1.0%
$12.25
+6.1%
+3.4%$615.50M$251.01M7.78N/APositive News
NETD
Nabors Energy Transition Corp. II
N/A$10.73
+0.1%
N/A+4.6%$409.03MN/A0.00N/A
RRAC
Rigel Resource Acquisition
N/A$11.50
flat
N/AN/A$368.81MN/A0.002,021
IPXX
Inflection Point Acquisition Corp. II
N/A$10.75
+0.3%
N/A+4.4%$335.94MN/A0.00N/A
CDRO
Codere Online Luxembourg
3.1367 of 5 stars
$7.37
+1.0%
$9.50
+28.9%
+136.2%$333.86MN/A0.00230Short Interest ↓
News Coverage
VACH
Voyager Acquisition
N/A$10.02
flat
N/AN/A$316.83MN/A0.00N/A
SIMA
SIM Acquisition Corp. I
N/A$10.00
+0.1%
N/AN/A$306.70MN/A0.00N/A
LPAA
Launch One Acquisition
N/A$10.02
+0.2%
N/AN/A$288.08MN/A0.00N/A
ENPC
Executive Network Partnering
N/A$6.52
+0.3%
N/A-29.7%$273.93MN/A0.001
DHHC
DiamondHead
N/A$6.24
-6.9%
N/A-17.9%$268.92MN/A0.002Gap Down

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This page (NYSE:TRNE) was last updated on 11/21/2024 by MarketBeat.com Staff
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