Trifast plc (LON:TRI) Insider Purchases £49,552.62 in Stock

Trifast plc (LON:TRI) insider Iain Percival bought 63,529 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was acquired at an average cost of GBX 78 ($0.98) per share, with a total value of £49,552.62 ($61,948.52).

Trifast Stock Down 1.1 %

Trifast stock opened at GBX 75.20 ($0.94) on Thursday. The company has a market capitalization of £101.32 million, a P/E ratio of -2,506.67 and a beta of 1.16. Trifast plc has a 1-year low of GBX 66.20 ($0.83) and a 1-year high of GBX 87 ($1.09). The firm’s fifty day simple moving average is GBX 81.94 and its 200-day simple moving average is GBX 80.29. The company has a current ratio of 3.45, a quick ratio of 1.78 and a debt-to-equity ratio of 48.54.

Trifast (LON:TRI) last announced its quarterly earnings results on Tuesday, November 19th. The company reported GBX 2.94 ($0.04) earnings per share for the quarter. Trifast had a negative return on equity of 3.42% and a negative net margin of 1.90%. Sell-side analysts forecast that Trifast plc will post 5.8002937 earnings per share for the current fiscal year.

Trifast Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 6th will be issued a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date is Thursday, March 6th. This represents a yield of 0.77%. Trifast’s dividend payout ratio (DPR) is presently -6,666.67%.

Trifast Company Profile

About Trifast plc (LSE Main listing: symbol: TRI)
Founded in 1973, Trifast is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial fastenings. From locations across key regions in the UK & Ireland, Asia, Europe, and North America, the Group supplies customers in c.70 countries across a wide range of industries, including automotive, smart infrastructure and medical equipment.

Through our Engineering application expertise we deliver comprehensive support to our OEM and Tier 1 customers across every requirement, from concept design through to technical engineering consultancy, manufacturing, supply management and global logistics.