Trinity Place (NYSEAMERICAN:TPHS) Shares Pass Below 200-Day Moving Average – Should You Sell?

Trinity Place Holdings Inc. (NYSEAMERICAN:TPHSGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.03 and traded as low as $0.0204. Trinity Place shares last traded at $0.0204, with a volume of 109 shares.

Trinity Place Price Performance

The firm has a market cap of $1.33 million, a PE ratio of -0.13 and a beta of 0.16. The business’s fifty day moving average is $0.02 and its 200-day moving average is $0.03.

Trinity Place (NYSEAMERICAN:TPHSGet Free Report) last released its earnings results on Tuesday, March 31st. The company reported ($0.01) earnings per share for the quarter.

Trinity Place Company Profile

(Get Free Report)

Trinity Place Holdings Inc (NYSE American: TPHS) is a special purpose acquisition company incorporated in Delaware in October 2018. As a blank check vehicle, the company has no commercial operations and was formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.

Shortly after its formation, Trinity Place completed an initial public offering in November 2018, raising capital that is held in trust pending the identification and consummation of a business combination.

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