Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $0.03 and traded as low as $0.0255. Trinity Place shares last traded at $0.0255, with a volume of 5,000 shares changing hands.
Trinity Place Stock Performance
The firm has a market capitalization of $1.67 million, a price-to-earnings ratio of -0.16 and a beta of 0.16. The business’s 50 day moving average is $0.03 and its 200-day moving average is $0.03.
Trinity Place Company Profile
Trinity Place Holdings, Inc is a real estate holding company focused on the ownership, development, leasing and sale of residential and commercial properties. Its activities include managing real estate assets, pursuing redevelopment opportunities and monetizing properties through sales or other transactions.
The company’s portfolio has historically included properties in the New York metropolitan area, including the Trinity Place development at 77 Greenwich Street in Lower Manhattan. The project combines residential condominiums with commercial and retail space, reflecting the company’s focus on mixed-use urban real estate.
Trinity Place Holdings was formerly known as Syms Corp., the operator of an off-price clothing retail business.
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