Trinity Place (NYSEAMERICAN:TPHS) Issues Earnings Results

Trinity Place (NYSEAMERICAN:TPHS) posted its quarterly earnings results on Tuesday. The company reported ($0.01) earnings per share for the quarter, RTT News reports.

Trinity Place Stock Performance

NYSEAMERICAN:TPHS remained flat at $0.03 during trading on Wednesday. The company’s stock had a trading volume of 10,239 shares, compared to its average volume of 36,595. Trinity Place has a 52-week low of $0.03 and a 52-week high of $0.07. The company has a market capitalization of $1.80 million, a price-to-earnings ratio of -0.17 and a beta of 0.16. The company has a 50 day simple moving average of $0.03 and a 200 day simple moving average of $0.04.

Trinity Place Company Profile

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.