Trifast (LON:TRI) Rating Reiterated by Peel Hunt

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Trifast (LON:TRI)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a note issued to investors on Tuesday, Stock Target Advisor reports.

A number of other equities research analysts have also recently commented on the company. Shore Capital reissued a “buy” rating on shares of Trifast in a research note on Tuesday. FinnCap reissued a “corporate” rating on shares of Trifast in a research note on Tuesday.

Shares of LON TRI traded up GBX 0.50 ($0.01) during trading on Tuesday, reaching GBX 168 ($2.20). The company had a trading volume of 16,434 shares, compared to its average volume of 80,087. Trifast has a 12-month low of GBX 149 ($1.95) and a 12-month high of GBX 242 ($3.16). The stock has a market cap of $204.81 million and a PE ratio of 16.97. The business’s 50-day moving average is GBX 175.56 and its 200 day moving average is GBX 205.93. The company has a quick ratio of 1.10, a current ratio of 1.90 and a debt-to-equity ratio of 32.50.

In other news, insider Glenda Roberts sold 53,209 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of GBX 198 ($2.59), for a total value of £105,353.82 ($137,663.43).

About Trifast

Trifast plc, together with its subsidiaries, designs, manufactures, and distributes mechanical fasteners and category C components to distributors and original equipment manufacturer assemblers. It offers screws and bolts, nuts, washers, circlips, seals, rings, spacers, pillars, security fasteners, pins and keys, tooling and driver bits, and fasteners for sheet metal and plastic, as well as enclosure, plastic, and other hardware products.

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