Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.02 and traded as high as $0.0249. Trinity Place shares last traded at $0.0249, with a volume of 5,137 shares.
Trinity Place Stock Performance
The firm’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.03. The firm has a market capitalization of $1.63 million, a price-to-earnings ratio of -0.16 and a beta of 0.16.
About Trinity Place
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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