Phillip Lee Sells 55,600 Shares of Tricorn Group plc (LON:TCN) Stock

Tricorn Group plc (LON:TCN) insider Phillip Lee sold 55,600 shares of Tricorn Group stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of GBX 18 ($0.24), for a total transaction of £10,008 ($13,077.22).

Shares of TCN opened at GBX 19 ($0.25) on Friday. Tricorn Group plc has a 1-year low of GBX 14 ($0.18) and a 1-year high of GBX 37.70 ($0.49). The stock has a market capitalization of $6.52 million and a PE ratio of 7.92. The company has a current ratio of 1.10, a quick ratio of 0.70 and a debt-to-equity ratio of 51.76. The company has a fifty day moving average of GBX 18.57.

Tricorn Group (LON:TCN) last issued its quarterly earnings results on Monday, June 3rd. The company reported GBX 3.02 ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 3 ($0.04) by GBX 0.02 ($0.00). On average, analysts anticipate that Tricorn Group plc will post 419.9999528 earnings per share for the current fiscal year.

The business also recently disclosed a dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, October 3rd will be issued a dividend of GBX 0.20 ($0.00) per share. The ex-dividend date is Thursday, October 3rd. This represents a yield of 1.08%. This is an increase from Tricorn Group’s previous dividend of $0.13.

Separately, Shore Capital reaffirmed a “hold” rating on shares of in a research report on Monday, June 3rd.

About Tricorn Group

Tricorn Group plc manufactures and supplies pipe and tubing assemblies for companies worldwide. It operates through two segments, Transportation and Energy. The Energy segment provides manipulated tubular assemblies for use in power generation, oil and gas, and marine sectors. The Transportation segment offers ferrous, non-ferrous, and nylon material tubular assemblies for use in on- and off-highway applications.

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