Insider Buying: Trifast plc (LON:TRI) Insider Purchases 500,000 Shares of Stock

Trifast plc (LON:TRI - Get Free Report) insider Nicholas Mills purchased 500,000 shares of the business's stock in a transaction that occurred on Thursday, July 10th. The stock was acquired at an average cost of GBX 66 ($0.89) per share, with a total value of £330,000 ($442,834.14).

Trifast Trading Up 3.1%

Shares of TRI stock traded up GBX 2.20 ($0.03) on Thursday, hitting GBX 72.40 ($0.97). The stock had a trading volume of 77,951 shares, compared to its average volume of 140,350. Trifast plc has a twelve month low of GBX 56 ($0.75) and a twelve month high of GBX 87 ($1.17). The company has a fifty day moving average price of GBX 68.05 and a two-hundred day moving average price of GBX 70.83. The firm has a market cap of £100.16 million, a P/E ratio of -22.58 and a beta of 1.16. The company has a current ratio of 3.46, a quick ratio of 1.78 and a debt-to-equity ratio of 48.54.

Trifast (LON:TRI - Get Free Report) last released its earnings results on Thursday, July 10th. The company reported GBX 4.31 ($0.06) earnings per share for the quarter. Trifast had a negative net margin of 1.90% and a negative return on equity of 3.47%. As a group, analysts forecast that Trifast plc will post 5.8002937 earnings per share for the current fiscal year.

About Trifast

About Trifast In 2023, TR celebrated 50 years of business with a proud heritage of serving customers with engineered fastening supply chain solutions; Our skills lie in the design, engineering, manufacture, and distribution of high-quality engineered fastenings and Category 'C' components principally for major global assembly industries.