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

Trifast plc (LON:TRI) insider Nicholas Mills acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The stock was bought at an average price of GBX 74 ($0.92) per share, for a total transaction of £3,700 ($4,606.00).

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

• On Monday, April 15th, Nicholas Mills acquired 35,000 shares of Trifast stock. The stock was bought at an average price of GBX 74 ($0.92) per share, for a total transaction of £25,900 ($32,242.00).

Trifast Price Performance

TRI stock opened at GBX 76 ($0.95) on Thursday. The company has a current ratio of 3.91, a quick ratio of 1.78 and a debt-to-equity ratio of 60.56. The company’s 50 day moving average is GBX 74.17 and its 200 day moving average is GBX 76.79. The stock has a market cap of £103.45 million, a price-to-earnings ratio of -2,533.33 and a beta of 1.15. Trifast plc has a 1-year low of GBX 62 ($0.77) and a 1-year high of GBX 97.62 ($1.22).

Trifast Cuts Dividend

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

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Trifast in a research 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.