Clive Watson Acquires 20,000 Shares of Trifast plc (LON:TRI) Stock

Trifast plc (LON:TRI) insider Clive Watson purchased 20,000 shares of the business’s stock in a transaction on Thursday, April 10th. The stock was acquired at an average price of GBX 62 ($0.81) per share, with a total value of £12,400 ($16,230.37).

Trifast Stock Performance

Shares of LON:TRI opened at GBX 65.80 ($0.86) on Friday. The firm has a fifty day simple moving average of GBX 69.46 and a two-hundred day simple moving average of GBX 76.88. The company has a quick ratio of 1.78, a current ratio of 3.46 and a debt-to-equity ratio of 48.54. The stock has a market capitalization of £91.03 million, a P/E ratio of -20.52 and a beta of 1.16. Trifast plc has a 52 week low of GBX 56 ($0.73) and a 52 week high of GBX 87 ($1.14).

Trifast Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 6th were paid a GBX 0.60 ($0.01) dividend. This represents a yield of 0.77%. The ex-dividend date of this dividend was Thursday, March 6th. Trifast’s dividend payout ratio (DPR) is presently -62.39%.

Trifast Company Profile

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.