Trifast plc (LON:TRI - Get Free Report) insider Nicholas Mills bought 347,500 shares of the company's stock in a transaction that occurred on Wednesday, March 26th. The shares were acquired at an average price of GBX 69 ($0.89) per share, for a total transaction of £239,775 ($310,428.53).
Nicholas Mills also recently made the following trade(s):
- On Monday, January 27th, Nicholas Mills purchased 100,000 shares of Trifast stock. The stock was acquired at an average price of GBX 80 ($1.04) per share, with a total value of £80,000 ($103,573.28).
- On Friday, January 24th, Nicholas Mills purchased 240,000 shares of Trifast stock. The shares were acquired at an average price of GBX 82 ($1.06) per share, for a total transaction of £196,800 ($254,790.26).
Trifast Stock Performance
Shares of Trifast stock opened at GBX 70 ($0.91) on Friday. The company has a 50 day moving average price of GBX 73.54 and a 200 day moving average price of GBX 78.33. The firm has a market capitalization of £96.84 million, a P/E ratio of -21.83 and a beta of 1.16. The company has a quick ratio of 1.78, a current ratio of 3.46 and a debt-to-equity ratio of 48.54. Trifast plc has a 52 week low of GBX 64.20 ($0.83) and a 52 week high of GBX 87 ($1.13).
Trifast Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 6th will be issued a GBX 0.60 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a dividend yield of 0.77%. Trifast's dividend payout ratio is currently -62.39%.
About Trifast
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.