Nicholas Mills Buys 35,000 Shares of Trifast plc (LON:TRI) Stock

Trifast plc (LON:TRI) insider Nicholas Mills purchased 35,000 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were acquired at an average cost 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 acquired at an average cost of GBX 74 ($0.92) per share, with a total value of £3,700 ($4,606.00).

Trifast Stock Up 2.2 %

Trifast stock opened at GBX 76 ($0.95) on Wednesday. Trifast plc has a fifty-two week low of GBX 62 ($0.77) and a fifty-two week high of GBX 97.62 ($1.22). The company has a debt-to-equity ratio of 60.56, a quick ratio of 1.78 and a current ratio of 3.91. The company has a market capitalization of £103.45 million, a P/E ratio of -2,533.33 and a beta of 1.15. The stock has a 50-day simple moving average of GBX 74.09 and a 200-day simple moving average of GBX 76.79.

Trifast Cuts Dividend

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

Analyst Ratings Changes

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

Trifast Company Profile

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.