Trifast plc (LON:TRI) Insider Purchases £25,900 in Stock

Trifast plc (LON:TRI) insider Nicholas Mills acquired 35,000 shares of Trifast stock in a transaction dated Monday, April 15th. The stock was purchased at an average price of GBX 74 ($0.92) per share, with a total value of £25,900 ($32,242.00).

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

• On Friday, April 12th, Nicholas Mills purchased 5,000 shares of Trifast stock. The shares were bought at an average price of GBX 74 ($0.92) per share, with a total value of £3,700 ($4,606.00).

Trifast Price Performance

Shares of TRI stock opened at GBX 76 ($0.95) on Thursday. The stock has a 50 day moving average of GBX 74.17 and a 200 day moving average of GBX 76.79. The company has a current ratio of 3.91, a quick ratio of 1.78 and a debt-to-equity ratio of 60.56. The stock has a market cap of £103.45 million, a P/E ratio of -2,533.33 and a beta of 1.15. Trifast plc has a twelve month low of GBX 62 ($0.77) and a twelve month high of GBX 97.62 ($1.22).

Trifast Cuts Dividend

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

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “hold” rating on shares of Trifast in a research report on Thursday, February 22nd.

About Trifast

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.