Nicholas Mills Buys 100,000 Shares of Trifast plc (LON:TRI) Stock

Trifast plc (LON:TRI - Get Free Report) insider Nicholas Mills bought 100,000 shares of the firm's stock in a transaction dated Monday, January 27th. The shares were acquired at an average cost of GBX 80 ($1.00) per share, with a total value of £80,000 ($99,539.63).

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

• On Friday, January 24th, Nicholas Mills acquired 240,000 shares of Trifast stock. The shares were purchased at an average cost of GBX 82 ($1.02) per share, with a total value of £196,800 ($244,867.49).

Trifast Stock Performance

Shares of TRI traded down GBX 1 ($0.01) during mid-day trading on Tuesday, hitting GBX 77.20 ($0.96). The stock had a trading volume of 373,419 shares, compared to its average volume of 92,173. The company has a debt-to-equity ratio of 48.54, a current ratio of 3.45 and a quick ratio of 1.78. The firm has a market cap of £104.02 million, a P/E ratio of -2,573.33 and a beta of 1.16. Trifast plc has a 52 week low of GBX 66.20 ($0.82) and a 52 week high of GBX 87 ($1.08). The business has a fifty day moving average price of GBX 82.41 and a 200-day moving average price of GBX 80.24.

Trifast (LON:TRI - Get Free Report) last posted its earnings results on Tuesday, November 19th. The company reported GBX 2.94 ($0.04) earnings per share for the quarter. Trifast had a negative net margin of 1.90% and a negative return on equity of 3.42%. On average, equities research analysts expect that Trifast plc will post 5.8002937 EPS for the current year.

Trifast Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 6th will be paid a GBX 0.60 ($0.01) dividend. This represents a yield of 0.77%. The ex-dividend date is Thursday, March 6th. Trifast's dividend payout ratio is currently -6,666.67%.

Trifast Company Profile

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.