Trifast plc (LON:TRI) shares 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 analysts recently weighed in on the company. FinnCap reissued a “corporate” rating on shares of Trifast in a report on Tuesday, November 19th. Shore Capital reaffirmed a “buy” rating on shares of Trifast in a research note on Tuesday, November 19th. Finally, Peel Hunt reiterated a “buy” rating on shares of Trifast in a research report on Tuesday, November 19th.
The firm’s 50 day simple moving average is GBX 168.84 and its two-hundred day simple moving average is GBX 201.32. The company has a debt-to-equity ratio of 45.92, a current ratio of 3.27 and a quick ratio of 1.79. The firm has a market capitalization of $215.43 million and a P/E ratio of 17.68.
In other news, insider Glenda Roberts sold 53,209 shares of the business’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of GBX 198 ($2.59), for a total value of £105,353.82 ($137,663.43).
About Trifast (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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