Trifast (LON:TRI) Reaches New 52-Week Low at $98.00

Trifast plc (LON:TRIGet 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 Company Profile (LON:TRI)

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.

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