Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS – Get Free Report) shares 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 $0.0294. Trinity Place shares last traded at $0.0297, with a volume of 11,461 shares traded.
Trinity Place Stock Performance
The company has a market cap of $1.94 million, a PE ratio of -0.19 and a beta of 0.16. The firm’s 50 day moving average is $0.03 and its 200-day moving average is $0.03.
About Trinity Place
Trinity Place Holdings, Inc is a real estate holding company focused on the ownership, development and management of real estate assets. The company’s activities have primarily centered on residential, commercial and mixed-use properties, with an emphasis on development and asset repositioning rather than operating a traditional consumer-facing business.
The company’s principal project has been 77 Greenwich Street in Lower Manhattan, New York City. The mixed-use development includes residential condominium units, retail space and an elementary school, and is located near the World Trade Center and the Hudson River waterfront.
Trinity Place Holdings was formed following the 2012 bankruptcy and liquidation of Syms Corp., a former U.S.
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