Trifast plc (LON:TRI - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 64 ($0.82) and last traded at GBX 65 ($0.83), with a volume of 25791 shares traded. The stock had previously closed at GBX 67 ($0.86).
Trifast Stock Down 0.7 %
The company has a quick ratio of 1.78, a current ratio of 3.46 and a debt-to-equity ratio of 48.54. The stock has a market cap of £81.62 million, a P/E ratio of -18.40 and a beta of 1.16. The company's 50 day moving average price is GBX 70.64 and its two-hundred day moving average price is GBX 77.35.
Trifast Cuts Dividend
The company also recently announced a dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 6th will be given a dividend of GBX 0.60 ($0.01) per share. This represents a yield of 0.77%. The ex-dividend date is Thursday, March 6th. Trifast's dividend payout ratio (DPR) is presently -62.39%.
Insider Transactions at Trifast
In other Trifast news, insider Nicholas Mills purchased 347,500 shares of Trifast stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average price of GBX 69 ($0.88) per share, for a total transaction of £239,775 ($306,382.57). Also, insider Iain Percival purchased 63,529 shares of the stock in a transaction dated Tuesday, February 4th. The stock was acquired at an average cost of GBX 78 ($1.00) per share, with a total value of £49,552.62 ($63,317.94). In the last 90 days, insiders have bought 751,029 shares of company stock valued at $56,612,762. 13.71% of the stock is currently owned by corporate insiders.
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.
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