Berenberg Bank reaffirmed their buy rating on shares of Trifast (LON:TRI – Free Report) in a research note published on Tuesday, MarketBeat.com reports. They currently have a GBX 140 price target on the stock.
Trifast Stock Down 3.3%
Shares of LON:TRI opened at GBX 81.20 on Tuesday. The firm has a market capitalization of £109.65 million, a PE ratio of -111.23 and a beta of 0.69. The company has a debt-to-equity ratio of 59.09, a quick ratio of 1.78 and a current ratio of 4.19. Trifast has a 52-week low of GBX 56.20 and a 52-week high of GBX 95. The firm has a fifty day moving average of GBX 85.31 and a 200 day moving average of GBX 76.17.
About Trifast
In 2023, TR celebrated 50 years of business with a proud heritage of serving customers with engineered fastening supply chain solutions; Our skills lie in the design, engineering, manufacture, and distribution of high-quality engineered fastenings and Category ‘C’ components principally for major global assembly industries.
As an international business we can provide customer support from across key regions in the UK & Ireland, Asia, Europe, and North America. In addition to our service locations, we operate manufacturing facilities focused on high volume cold forged fasteners and special parts.
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