Insider Buying: Trifast plc (LON:TRI) Insider Purchases £49,552.62 in Stock

Trifast plc (LON:TRI) insider Iain Percival bought 63,529 shares of Trifast stock in a transaction dated Tuesday, February 4th. The stock was purchased at an average price of GBX 78 ($0.97) per share, with a total value of £49,552.62 ($61,624.95).

Trifast Stock Down 0.1 %

Shares of LON:TRI opened at GBX 77 ($0.96) on Friday. The firm has a market cap of £103.75 million, a P/E ratio of -2,566.67 and a beta of 1.16. Trifast plc has a 52-week low of GBX 66.20 ($0.82) and a 52-week high of GBX 87 ($1.08). The business’s 50 day simple moving average is GBX 81.81 and its two-hundred day simple moving average is GBX 80.31. The company has a debt-to-equity ratio of 48.54, a quick ratio of 1.78 and a current ratio of 3.45.

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

Trifast Cuts Dividend

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