Free Trial

Trifast plc (LON:TRI) Insider Acquires £12,400 in Stock

Trifast logo with Industrials background

Trifast plc (LON:TRI - Get Free Report) insider Clive Watson acquired 20,000 shares of the stock in a transaction dated Thursday, April 10th. The stock was bought at an average price of GBX 62 ($0.82) per share, for a total transaction of £12,400 ($16,410.80).

Trifast Stock Performance

Shares of LON:TRI traded up GBX 1.40 ($0.02) on Wednesday, hitting GBX 65 ($0.86). 9,640 shares of the company were exchanged, compared to its average volume of 108,297. 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 company's 50 day moving average price is GBX 69.03 and its two-hundred day moving average price is GBX 76.70. Trifast plc has a one year low of GBX 56 ($0.74) and a one year high of GBX 87 ($1.15). The firm has a market capitalization of £89.93 million, a price-to-earnings ratio of -20.28 and a beta of 1.16.

Trifast Cuts Dividend

The company also recently declared 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. The ex-dividend date was Thursday, March 6th. This represents a yield of 0.77%. Trifast's dividend payout ratio (DPR) is -62.39%.

About Trifast

(Get Free Report)

About Trifast plc (LSE Main listing: symbol: TRI) Founded in 1973, Trifast is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial fastenings. From locations across key regions in the UK & Ireland, Asia, Europe, and North America, the Group supplies customers in c.70 countries across a wide range of industries, including automotive, smart infrastructure and medical equipment. Through our Engineering application expertise we deliver comprehensive support to our OEM and Tier 1 customers across every requirement, from concept design through to technical engineering consultancy, manufacturing, supply management and global logistics.

Read More

Should You Invest $1,000 in Trifast Right Now?

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

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Sectors With Massive Momentum You Can’t Afford to Miss
Palantir’s Big Moves: Profit-Taking, Price Targets & AI Potential
Buy Early: 3 Tech Trends With Millionaire-Making Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines