Trifast plc (LON:TRI - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 80.36 ($1.01) and traded as low as GBX 75.20 ($0.95). Trifast shares last traded at GBX 75.20 ($0.95), with a volume of 19,647 shares changing hands.
Trifast Trading Up 1.2 %
The firm's 50-day moving average price is GBX 81.09 and its 200 day moving average price is GBX 80.50. The company has a market cap of £108.33 million, a price-to-earnings ratio of -24.42 and a beta of 1.16. The company has a current ratio of 3.46, a quick ratio of 1.78 and a debt-to-equity ratio of 48.54.
Trifast (LON:TRI - Get Free Report) last issued its earnings results on Tuesday, November 19th. The company reported GBX 2.94 ($0.04) earnings per share (EPS) for the quarter. Trifast had a negative net margin of 1.90% and a negative return on equity of 3.47%. As a group, equities 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 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 is presently -62.39%.
Insider Buying and Selling
In other Trifast news, insider Iain Percival acquired 63,529 shares of the stock in a transaction on Tuesday, February 4th. The shares were purchased at an average price of GBX 78 ($0.98) per share, for a total transaction of £49,552.62 ($62,369.57). Also, insider Nicholas Mills acquired 240,000 shares of the stock in a transaction on Friday, January 24th. The shares were acquired at an average price of GBX 82 ($1.03) per share, for a total transaction of £196,800 ($247,702.96). Insiders have purchased a total of 403,529 shares of company stock valued at $32,635,262 over the last ninety days. 13.71% of the stock is owned by corporate insiders.
About Trifast
(
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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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