Nicholas Mills Buys 5,000 Shares of Trifast plc (LON:TRI) Stock

Trifast plc (LON:TRI) insider Nicholas Mills acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The stock was purchased at an average price of GBX 74 ($0.92) per share, with a total value of £3,700 ($4,606.00).

Nicholas Mills also recently made the following trade(s):

• On Monday, April 15th, Nicholas Mills acquired 35,000 shares of Trifast stock. The stock was purchased at an average price of GBX 74 ($0.92) per share, with a total value of £25,900 ($32,242.00).

Trifast Stock Performance

Shares of Trifast stock opened at GBX 76 ($0.95) on Wednesday. The company has a market capitalization of £103.45 million, a PE ratio of -2,533.33 and a beta of 1.15. 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 50-day simple moving average of GBX 74.09 and a two-hundred day simple moving average of GBX 76.79. Trifast plc has a one year low of GBX 62 ($0.77) and a one year high of GBX 97.62 ($1.22).

Trifast Cuts Dividend

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

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated 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.