Shore Capital Reaffirms “Hold” Rating for Trifast (LON:TRI)

Trifast (LON:TRI)‘s stock had its “hold” rating restated by equities researchers at Shore Capital in a research note issued to investors on Monday, LSE.Co.UK reports.

Trifast Stock Performance

Shares of TRI stock traded up GBX 4.20 ($0.05) during trading hours on Monday, reaching GBX 75.20 ($0.97). 535,712 shares of the company’s stock were exchanged, compared to its average volume of 208,319. Trifast has a fifty-two week low of GBX 65.80 ($0.85) and a fifty-two week high of GBX 97.62 ($1.26). The stock has a market capitalization of £102.36 million, a P/E ratio of -2,506.67 and a beta of 1.14. The business has a fifty day moving average price of GBX 71.68 and a 200-day moving average price of GBX 74.14. The company has a quick ratio of 1.78, a current ratio of 3.91 and a debt-to-equity ratio of 60.56.

Trifast Company Profile

Trifast plc, together with its subsidiaries, engages in the design, engineering, manufacture, and distribution of industrial fasteners and category C components in the United Kingdom, Europe, North America, and Asia. It also offers screws and bolts, nuts, washers, circlips, seals, rings, plastic and enclosure hardware, cable glands, security fasteners, spacers and pillars, tooling and driver bits, and other hardware products, as well as fasteners for sheet metal and plastic.