Nicholas Mills Acquires 500,000 Shares of Trifast plc (LON:TRI) Stock

Trifast plc (LON:TRI) insider Nicholas Mills acquired 500,000 shares of the company’s stock in a transaction on Thursday, July 10th. The stock was acquired at an average price of GBX 66 ($0.89) per share, for a total transaction of £330,000 ($445,043.83).

Trifast Price Performance

TRI stock traded up GBX 0.25 ($0.00) during trading on Monday, reaching GBX 71.05 ($0.96). 927,720 shares of the company were exchanged, compared to its average volume of 147,387. The company has a market cap of £98.30 million, a P/E ratio of -22.16 and a beta of 1.16. Trifast plc has a 52-week low of GBX 56 ($0.76) and a 52-week high of GBX 87 ($1.17). The stock’s 50 day moving average price is GBX 67.87 and its 200 day moving average price is GBX 70.91. The company has a debt-to-equity ratio of 48.54, a quick ratio of 1.78 and a current ratio of 3.46.

Trifast (LON:TRI) last announced its quarterly earnings results on Thursday, July 10th. The company reported GBX 4.31 ($0.06) 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, analysts predict that Trifast plc will post 5.8002937 earnings per share for the current fiscal year.

About Trifast

About Trifast
In 2023, TR celebrated 50 years of business with a proud heritage of serving customers with engineered fastening supply chain solutions; Our skills lie in the design, engineering, manufacture, and distribution of high-quality engineered fastenings and Category ‘C’ components principally for major global assembly industries.