Trifast plc (LON:TRI) Insider Acquires £3,700 in Stock

Trifast plc (LON:TRI - Get Free Report) insider Nicholas Mills bought 5,000 shares of the firm's stock in a transaction on Friday, April 12th. The stock was acquired at an average price of GBX 74 ($0.92) per share, for a total transaction of £3,700 ($4,606.00).

Nicholas Mills also recently made the following trade(s):

• On Monday, April 15th, Nicholas Mills acquired 35,000 shares of Trifast stock. The shares were bought at an average cost of GBX 74 ($0.92) per share, with a total value of £25,900 ($32,242.00).

Trifast Stock Down 0.8 %

Shares of LON:TRI traded down GBX 0.60 ($0.01) during trading on Monday, hitting GBX 74.40 ($0.93). The stock had a trading volume of 921,886 shares, compared to its average volume of 269,705. The company has a market capitalization of £101.27 million, a PE ratio of -2,500.00 and a beta of 1.15. The company has a quick ratio of 1.78, a current ratio of 3.91 and a debt-to-equity ratio of 60.56. The firm's fifty day moving average is GBX 73.99 and its 200 day moving average is GBX 76.89. Trifast plc has a 12 month low of GBX 62 ($0.77) and a 12 month high of GBX 97.62 ($1.22).

Trifast Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 14th were paid a dividend of GBX 0.60 ($0.01) per share. This represents a yield of 0.86%. The ex-dividend date was Thursday, March 14th. Trifast's payout ratio is -6,666.67%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "hold" rating on shares of Trifast in a research note on Thursday, February 22nd.

Trifast Company Profile

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.