Trifast plc (LON:TRI - Get Free Report)'s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 64.20 ($0.83) and last traded at GBX 65.80 ($0.85), with a volume of 36090 shares trading hands. The stock had previously closed at GBX 65.80 ($0.85).
Trifast Trading Down 0.9 %
The company's fifty day moving average is GBX 74.54 and its two-hundred day moving average is GBX 78.62. The stock has a market cap of £94.08 million, a price-to-earnings ratio of -21.21 and a beta of 1.16. The company has a quick ratio of 1.78, a current ratio of 3.46 and a debt-to-equity ratio of 48.54.
Trifast Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 6th will be given a GBX 0.60 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a yield of 0.77%. Trifast's dividend payout ratio (DPR) is -62.39%.
Insider Activity at Trifast
In other news, insider Iain Percival acquired 63,529 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were purchased at an average cost of GBX 78 ($1.01) per share, for a total transaction of £49,552.62 ($63,980.14). Also, insider Nicholas Mills bought 100,000 shares of Trifast stock in a transaction on Monday, January 27th. The stock was acquired at an average cost of GBX 80 ($1.03) per share, with a total value of £80,000 ($103,292.45). Insiders have bought a total of 403,529 shares of company stock worth $32,635,262 in the last three months. Insiders own 13.71% of the company's stock.
Trifast Company Profile
(
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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.
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