Trifast plc (LON:TRI – Get Rating)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 98 ($1.22) and last traded at GBX 98 ($1.22), with a volume of 1468624 shares. The stock had previously closed at GBX 107 ($1.34).
Separately, Shore Capital reissued a “buy” rating on shares of Trifast in a report on Thursday.
The company has a debt-to-equity ratio of 31.57, a quick ratio of 1.51 and a current ratio of 2.90. The business’s 50 day simple moving average is GBX 114.58 and its 200-day simple moving average is GBX 136.16. The stock has a market capitalization of £133.36 million and a price-to-earnings ratio of 16.89.
Trifast plc, together with its subsidiaries, designs, engineers, manufactures, and distributes industrial fasteners, and category C components to distributors and original equipment manufacturer assemblers. The company offers screws and bolts, nuts, washers, circlips, seals, rings, spacers, pillars, security fasteners, pins and keys, tooling and driver bits, and fasteners for sheet metal and plastic, as well as enclosure, plastic, and other hardware products.
- Kellogg Company Flexes Pricing Power, Shares Move Higher
- Peak Growth Is Over For Etsy
- Uber Fails To Impress
- World Wresting Entertainment Stock is Hulking Up
- High-Yield Weyco Group Returns To Reasonable Levels
Receive News & Ratings for Trifast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trifast and related companies with MarketBeat.com's FREE daily email newsletter.