Trifast plc (LON:TRI) Insider Purchases £3,700 in Stock

Trifast plc (LON:TRI) insider Nicholas Mills purchased 5,000 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were purchased at an average cost of GBX 74 ($0.94) per share, with a total value of £3,700 ($4,682.95).

Nicholas Mills also recently made the following trade(s):

• On Monday, April 15th, Nicholas Mills bought 35,000 shares of Trifast stock. The stock was bought at an average cost of GBX 74 ($0.94) per share, with a total value of £25,900 ($32,780.66).

Trifast Price Performance

Shares of TRI remained flat at GBX 75 ($0.95) during mid-day trading on Monday. 921,910 shares of the stock were exchanged, compared to its average volume of 269,705. The company has a debt-to-equity ratio of 60.56, a quick ratio of 1.78 and a current ratio of 3.91. The stock’s 50-day simple moving average is GBX 73.99 and its 200-day simple moving average is GBX 76.89. Trifast plc has a fifty-two week low of GBX 62 ($0.78) and a fifty-two week high of GBX 97.62 ($1.24). The company has a market cap of £102.09 million, a P/E ratio of -2,500.00 and a beta of 1.15.

Trifast Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 14th were paid a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date was Thursday, March 14th. This represents a dividend yield of 0.86%. Trifast’s dividend payout ratio (DPR) is -6,666.67%.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “hold” rating on shares of Trifast in a report on Thursday, February 22nd.

Trifast Company Profile

Trifast plc, together with its subsidiaries, engages in the design, engineering, manufacture, and distribution of industrial fasteners and category C components in the United Kingdom, Europe, North America, and Asia. It also offers screws and bolts, nuts, washers, circlips, seals, rings, plastic and enclosure hardware, cable glands, security fasteners, spacers and pillars, tooling and driver bits, and other hardware products, as well as fasteners for sheet metal and plastic.