Trifast plc (LON:TRI) Insider Iain Percival Acquires 63,529 Shares of Stock

Trifast plc (LON:TRI) insider Iain Percival acquired 63,529 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were acquired at an average cost of GBX 78 ($0.97) per share, with a total value of £49,552.62 ($61,848.00).

Trifast Stock Performance

Shares of TRI stock opened at GBX 77 ($0.96) on Wednesday. The company has a market cap of £103.75 million, a P/E ratio of -2,566.67 and a beta of 1.16. The business has a 50 day moving average of GBX 82.10 and a two-hundred day moving average of GBX 80.29. Trifast plc has a 52 week low of GBX 66.20 ($0.83) and a 52 week high of GBX 87 ($1.09). The company has a quick ratio of 1.78, a current ratio of 3.45 and a debt-to-equity ratio of 48.54.

Trifast (LON:TRI) last announced its quarterly earnings results on Tuesday, November 19th. The company reported GBX 2.94 ($0.04) EPS for the quarter. Trifast had a negative net margin of 1.90% and a negative return on equity of 3.42%. As a group, analysts anticipate that Trifast plc will post 5.8002937 EPS for the current year.

Trifast Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 6th will be paid a dividend of GBX 0.60 ($0.01) per share. This represents a yield of 0.77%. The ex-dividend date is Thursday, March 6th. Trifast’s payout ratio is currently -6,666.67%.

About Trifast

About Trifast plc (LSE Main listing: symbol: TRI)
Founded in 1973, Trifast is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial fastenings. From locations across key regions in the UK & Ireland, Asia, Europe, and North America, the Group supplies customers in c.70 countries across a wide range of industries, including automotive, smart infrastructure and medical equipment.

Through our Engineering application expertise we deliver comprehensive support to our OEM and Tier 1 customers across every requirement, from concept design through to technical engineering consultancy, manufacturing, supply management and global logistics.