tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Trinity Biotech Announces Breakthrough in CGM Technology

Story Highlights
Trinity Biotech Announces Breakthrough in CGM Technology

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Trinity Biotech ( (TRIB) ) is now available.

On August 12, 2025, Trinity Biotech announced breakthrough clinical trial results for its redesigned continuous glucose monitoring (CGM) sensor, marking a significant milestone in diabetes management technology. The trial confirmed that the new needle-free glucose sensor provides accurate readings over a 15-day period without finger-stick calibration, enhancing user convenience and reducing costs. This advancement positions Trinity Biotech to expand access to CGM technology in a growing market, projected to reach $28 billion by 2030, by offering a more affordable and sustainable product.

Spark’s Take on TRIB Stock

According to Spark, TipRanks’ AI Analyst, TRIB is a Neutral.

Trinity Biotech’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues, high debt, and negative equity. The technical analysis provides some positive signals, but these are overshadowed by the poor financial health and negative valuation metrics. The absence of dividend yield and negative P/E ratio further weaken the stock’s investment appeal.

To see Spark’s full report on TRIB stock, click here.

More about Trinity Biotech

Trinity Biotech is a commercial stage biotechnology company specializing in diabetes management solutions and human diagnostics, including wearable biosensors. The company develops, acquires, manufactures, and markets diagnostic systems for point-of-care and clinical laboratory segments, and has recently expanded into the wearable biosensor industry. Their products are used for detecting infectious diseases and quantifying Haemoglobin A1c levels, and they operate in over 75 countries worldwide.

Average Trading Volume: 868,505

Technical Sentiment Signal: Sell

Current Market Cap: $15.05M

For an in-depth examination of TRIB stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1