Shares of Trifast plc (LON:TRI - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 72.09 ($0.99) and traded as low as GBX 69 ($0.95). Trifast shares last traded at GBX 70 ($0.96), with a volume of 31,293 shares.
Trifast Stock Performance
The stock has a fifty day simple moving average of GBX 67.09 and a 200-day simple moving average of GBX 72.09. The stock has a market cap of £96.84 million, a P/E ratio of -21.83 and a beta of 1.16. The company has a debt-to-equity ratio of 48.54, a quick ratio of 1.78 and a current ratio of 3.46.
Trifast Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 6th were issued a dividend of GBX 0.60 ($0.01) per share. This represents a yield of 0.77%. The ex-dividend date of this dividend was Thursday, March 6th. Trifast's dividend payout ratio (DPR) is presently -62.39%.
Insiders Place Their Bets
In other Trifast news, insider Clive Watson purchased 20,000 shares of the business's stock in a transaction on Thursday, April 10th. The shares were purchased at an average cost of GBX 62 ($0.85) per share, with a total value of £12,400 ($17,016.60). Corporate insiders own 13.71% of the company's stock.
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.
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