Trinity Place (NYSEAMERICAN:TPHS) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Trinity Place Holdings Inc. (NYSEAMERICAN:TPHSGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.03 and traded as low as $0.0262. Trinity Place shares last traded at $0.0262, with a volume of 782 shares traded.

Trinity Place Stock Performance

The firm’s 50 day moving average price is $0.03 and its 200-day moving average price is $0.03. The firm has a market capitalization of $1.71 million, a PE ratio of -0.16 and a beta of 0.16.

Trinity Place (NYSEAMERICAN:TPHSGet Free Report) last posted its earnings results on Tuesday, March 31st. The company reported ($0.01) earnings per share (EPS) for the quarter.

Trinity Place Company Profile

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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.

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