Trinity Place (NYSEAMERICAN:TPHS) Posts Quarterly Earnings Results

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

Trinity Place Trading Up 9.1%

TPHS stock traded up $0.00 during trading on Tuesday, reaching $0.03. 10,239 shares of the stock were exchanged, compared to its average volume of 36,595. The firm’s 50 day moving average is $0.03 and its 200 day moving average is $0.04. The firm has a market cap of $1.80 million, a P/E ratio of -0.17 and a beta of 0.16. Trinity Place has a twelve month low of $0.03 and a twelve month high of $0.07.

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.