Truetide (LON:TRUE – Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX (0.56) EPS for the quarter, Digital Look Earnings reports.
Truetide Stock Up 4.8%
Shares of TRUE traded up GBX 0.15 during mid-day trading on Friday, hitting GBX 3.30. 30 shares of the company’s stock were exchanged, compared to its average volume of 255,036. Truetide has a 52 week low of GBX 1.50 and a 52 week high of GBX 4. The stock’s 50-day simple moving average is GBX 2.94 and its 200-day simple moving average is GBX 2.35. The firm has a market cap of £2.59 million and a price-to-earnings ratio of -2.04.
Insider Activity
In related news, insider Trevor Brown purchased 175,000 shares of Truetide stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average price of GBX 190 per share, with a total value of £332,500. Company insiders own 36.68% of the company’s stock.
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