Trifast plc (LON:TRI - Get Free Report) traded up 8.2% during mid-day trading on Tuesday . The company traded as high as GBX 75 ($1.03) and last traded at GBX 69 ($0.95). 2,030,342 shares changed hands during trading, an increase of 1,407% from the average session volume of 134,709 shares. The stock had previously closed at GBX 63.80 ($0.88).
Trifast Price Performance
The firm has a fifty day simple moving average of GBX 67.09 and a 200-day simple moving average of GBX 72.09. The company has a market capitalization of £96.84 million, a PE 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 firm also recently disclosed a dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 6th were issued a GBX 0.60 ($0.01) dividend. This represents a yield of 0.77%. The ex-dividend date was Thursday, March 6th. Trifast's dividend payout ratio is presently -62.39%.
Insider Transactions at Trifast
In other Trifast news, insider Clive Watson acquired 20,000 shares of the firm's stock in a transaction that occurred on Thursday, April 10th. The stock was acquired at an average cost of GBX 62 ($0.85) per share, with a total value of £12,400 ($17,016.60). Insiders own 13.71% of the company's stock.
About Trifast
(
Get Free Report)
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.
Featured Stories
Before you consider Trifast, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trifast wasn't on the list.
While Trifast currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
