Trifast plc (LON:TRI - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 76.72 ($0.95) and traded as low as GBX 74.55 ($0.92). Trifast shares last traded at GBX 76.40 ($0.94), with a volume of 221,665 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a "hold" rating on shares of Trifast in a research note on Thursday, February 22nd.
Read Our Latest Stock Report on Trifast
Trifast Price Performance
The firm has a market capitalization of £105.22 million, a P/E ratio of -2,576.67 and a beta of 1.15. The company has a fifty day moving average of GBX 74.33 and a 200 day moving average of GBX 76.71. The company has a debt-to-equity ratio of 60.56, a current ratio of 3.91 and a quick ratio of 1.78.
Trifast Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 14th were issued a GBX 0.60 ($0.01) dividend. This represents a dividend yield of 0.86%. The ex-dividend date was Thursday, March 14th. Trifast's dividend payout ratio is currently -6,666.67%.
Insider Buying and Selling
In related news, insider Nicholas Mills purchased 35,000 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was acquired at an average cost of GBX 74 ($0.91) per share, with a total value of £25,900 ($31,991.11). In related news, insider Nicholas Mills purchased 35,000 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was acquired at an average cost of GBX 74 ($0.91) per share, with a total value of £25,900 ($31,991.11). Also, insider Laura Whyte purchased 19,500 shares of the stock in a transaction that occurred on Wednesday, March 20th. The stock was bought at an average cost of GBX 74 ($0.91) per share, with a total value of £14,430 ($17,823.62). Insiders have bought a total of 59,500 shares of company stock worth $4,403,000 in the last ninety days. Corporate insiders own 14.17% of the company's stock.
About Trifast
(
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Trifast plc, together with its subsidiaries, engages in the design, engineering, manufacture, and distribution of industrial fasteners and category C components in the United Kingdom, Europe, North America, and Asia. It also offers screws and bolts, nuts, washers, circlips, seals, rings, plastic and enclosure hardware, cable glands, security fasteners, spacers and pillars, tooling and driver bits, and other hardware products, as well as fasteners for sheet metal and plastic.
See Also
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