Trifast plc (LON:TRI) Insider Buys £12,504,720.72 in Stock

Trifast plc (LON:TRI) insider Iain Percival purchased 161,268 shares of the business’s stock in a transaction on Tuesday, August 6th. The stock was purchased at an average cost of GBX 7,754 ($99.09) per share, with a total value of £12,504,720.72 ($15,980,473.76).

Trifast Trading Down 0.5 %

Trifast stock opened at GBX 84.20 ($1.08) on Friday. Trifast plc has a 12 month low of GBX 65.80 ($0.84) and a 12 month high of GBX 97.62 ($1.25). The company has a quick ratio of 1.78, a current ratio of 3.91 and a debt-to-equity ratio of 60.56. The business has a 50 day moving average price of GBX 73.15 and a two-hundred day moving average price of GBX 73.56. The stock has a market cap of £114.61 million, a price-to-earnings ratio of -2,806.67 and a beta of 1.14.

Trifast Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 12th will be issued a GBX 1.20 ($0.02) dividend. The ex-dividend date is Thursday, September 12th. This is a boost from Trifast’s previous dividend of $0.60. This represents a dividend yield of 1.69%. Trifast’s dividend payout ratio is presently -6,666.67%.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “hold” rating on shares of Trifast in a report on Monday, July 29th.

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.