Nicholas Mills Purchases 5,000 Shares of Trifast plc (LON:TRI) Stock

Trifast plc (LON:TRI) insider Nicholas Mills bought 5,000 shares of the company’s stock in a transaction on Friday, April 12th. The shares were 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 acquired at an average price of GBX 74 ($0.92) per share, for a total transaction of £25,900 ($32,242.00).

Trifast Stock Down 0.8 %

TRI opened at GBX 74.40 ($0.93) on Tuesday. The stock has a market cap of £101.27 million, a PE ratio of -2,480.00 and a beta of 1.15. The company has a quick ratio of 1.78, a current ratio of 3.91 and a debt-to-equity ratio of 60.56. Trifast plc has a 52 week low of GBX 62 ($0.77) and a 52 week high of GBX 97.62 ($1.22). The business’s fifty day simple moving average is GBX 74.03 and its 200 day simple moving average is GBX 76.84.

Trifast Cuts Dividend

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

Analysts Set New Price Targets

Separately, Shore Capital reiterated 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.