Trifast plc (LON:TRI) Insider Nicholas Mills Acquires 100,000 Shares

Trifast plc (LON:TRI) insider Nicholas Mills purchased 100,000 shares of Trifast stock in a transaction on Monday, January 27th. The stock was bought at an average price of GBX 80 ($1.00) per share, for a total transaction of £80,000 ($99,539.63).

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

• On Friday, January 24th, Nicholas Mills bought 240,000 shares of Trifast stock. The shares were purchased at an average price of GBX 82 ($1.02) per share, with a total value of £196,800 ($244,867.49).

Trifast Stock Down 1.3 %

Shares of LON TRI opened at GBX 77.20 ($0.96) on Wednesday. The firm’s 50-day moving average price is GBX 82.41 and its 200-day moving average price is GBX 80.24. 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 plc has a 12-month low of GBX 66.20 ($0.82) and a 12-month high of GBX 87 ($1.08). The stock has a market capitalization of £104.02 million, a price-to-earnings ratio of -2,573.33 and a beta of 1.16.

Trifast (LON:TRI) last released its earnings results on Tuesday, November 19th. The company reported GBX 2.94 ($0.04) earnings per share (EPS) for the quarter. Trifast had a negative net margin of 1.90% and a negative return on equity of 3.42%. On average, equities research analysts anticipate that Trifast plc will post 5.8002937 EPS for the current fiscal year.

Trifast Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 6th will be issued a GBX 0.60 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a dividend yield of 0.77%. Trifast’s payout ratio is currently -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.