Key Points
- Insider purchase: Trifast insider Clive Watson bought 973 shares on April 16 at an average price of GBX 71, a transaction worth about £690.83.
- Market snapshot: Shares opened at GBX 70.20, trading below the 50-day (GBX 71.61) and 200-day (GBX 73.95) moving averages, with a 12-month range of GBX 56.20–88.80; the company has a market cap of ~£94.8M and a P/E of 80.69.
- Business overview: Trifast is a 50-year-old engineered fastenings supplier operating manufacturing and service locations across the UK & Ireland, Asia, Europe, and North America.
Trifast plc (LON:TRI - Get Free Report) insider Clive Watson bought 973 shares of Trifast stock in a transaction that occurred on Thursday, April 16th. The stock was purchased at an average cost of GBX 71 per share, for a total transaction of £690.83.
Trifast Stock Performance
LON TRI opened at GBX 70.20 on Friday. The company has a 50-day simple moving average of GBX 71.61 and a two-hundred day simple moving average of GBX 73.95. The company has a quick ratio of 1.78, a current ratio of 3.82 and a debt-to-equity ratio of 69.36. Trifast plc has a 12-month low of GBX 56.20 and a 12-month high of GBX 88.80. The firm has a market cap of £94.75 million, a price-to-earnings ratio of 80.69 and a beta of 0.73.
About Trifast
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About Trifast
In 2023, TR celebrated 50 years of business with a proud heritage of serving customers with engineered fastening supply chain solutions; Our skills lie in the design, engineering, manufacture, and distribution of high-quality engineered fastenings and Category 'C' components principally for major global assembly industries.
As an international business we can provide customer support from across key regions in the UK & Ireland, Asia, Europe, and North America. In addition to our service locations, we operate manufacturing facilities focused on high volume cold forged fasteners and special parts.
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