Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.04 and traded as low as $0.03. Trinity Place shares last traded at $0.03, with a volume of 12,655 shares changing hands.
Trinity Place Trading Down 3.2%
The company has a fifty day moving average of $0.04 and a 200-day moving average of $0.04. The stock has a market cap of $1.96 million, a PE ratio of -0.19 and a beta of 0.16.
About Trinity Place
Trinity Place Holdings Inc (NYSE American: TPHS) is a special purpose acquisition company incorporated in Delaware in October 2018. As a blank check vehicle, the company has no commercial operations and was formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
Shortly after its formation, Trinity Place completed an initial public offering in November 2018, raising capital that is held in trust pending the identification and consummation of a business combination.
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