Trinity Place (NYSEAMERICAN:TPHS) Announces Earnings Results

Trinity Place (NYSEAMERICAN:TPHS) released its earnings results on Tuesday. The company reported ($0.01) EPS for the quarter, RTT News reports.

Trinity Place Price Performance

Shares of Trinity Place stock remained flat at $0.03 during trading hours on Thursday. The company’s stock had a trading volume of 171 shares, compared to its average volume of 35,944. Trinity Place has a one year low of $0.03 and a one year high of $0.07. The company’s 50-day moving average is $0.03 and its two-hundred day moving average is $0.04. The company has a market capitalization of $1.80 million, a price-to-earnings ratio of -0.17 and a beta of 0.16.

Trinity Place Company Profile

Trinity Place Holdings Inc (NYSE American: TPHS) is a special purpose acquisition company incorporated in Delaware in October 2018. As a blank check vehicle, the company has no commercial operations and was formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

Shortly after its formation, Trinity Place completed an initial public offering in November 2018, raising capital that is held in trust pending the identification and consummation of a business combination.