Shares of Trifast plc (LON:TRI) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $201.90 and traded as low as $175.00. Trifast shares last traded at $176.50, with a volume of 32,119 shares.
A number of equities research analysts recently issued reports on the company. Peel Hunt reissued a “buy” rating on shares of Trifast in a research note on Tuesday, November 19th. FinnCap reaffirmed a “corporate” rating on shares of Trifast in a research report on Tuesday, November 19th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Trifast in a research report on Tuesday, November 19th.
The company has a current ratio of 3.27, a quick ratio of 1.79 and a debt-to-equity ratio of 45.92. The stock has a 50-day simple moving average of GBX 169.73 and a two-hundred day simple moving average of GBX 201.90. The firm has a market capitalization of $214.14 million and a P/E ratio of 17.83.
In other Trifast news, insider Glenda Roberts sold 53,209 shares of Trifast stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of GBX 198 ($2.59), for a total transaction of £105,353.82 ($137,663.43).
Trifast Company Profile (LON:TRI)
Trifast plc, together with its subsidiaries, designs, manufactures, and distributes mechanical fasteners and category C components to distributors and original equipment manufacturer assemblers. It offers screws and bolts, nuts, washers, circlips, seals, rings, spacers, pillars, security fasteners, pins and keys, tooling and driver bits, and fasteners for sheet metal and plastic, as well as enclosure, plastic, and other hardware products.
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