Trifast plc (LON:TRI - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 71.93 ($0.96) and traded as high as GBX 82.80 ($1.11). Trifast shares last traded at GBX 82 ($1.10), with a volume of 223,043 shares changing hands.
Analyst Ratings Changes
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 130 price target on shares of Trifast in a report on Tuesday, August 26th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of GBX 130.
View Our Latest Stock Report on TRI
Trifast Stock Down 1.3%
The company has a debt-to-equity ratio of 48.54, a quick ratio of 1.78 and a current ratio of 3.46. The firm has a market capitalization of £109.19 million, a P/E ratio of 10,505.97 and a beta of 1.16. The stock has a fifty day moving average price of GBX 79.84 and a two-hundred day moving average price of GBX 71.93.
Trifast (LON:TRI - Get Free Report) last issued its quarterly earnings results on Thursday, July 10th. The company reported GBX 4.31 earnings per share for the quarter. Trifast had a negative return on equity of 3.47% and a negative net margin of 1.90%. Research analysts forecast that Trifast plc will post 5.8002937 EPS for the current year.
Insider Buying and Selling
In related news, insider Serena Lang acquired 31,184 shares of the stock in a transaction that occurred on Friday, July 25th. The stock was purchased at an average cost of GBX 72 per share, for a total transaction of £22,452.48. 20.29% of the stock is currently owned by insiders.
Trifast Company Profile
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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.
Further Reading
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