Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Trifast ( (GB:TRI) ) just unveiled an update.
Trifast PLC announced a correction regarding the shareholding of its Independent Non-Executive Chair, Serena Lang. The correction adjusts her total shareholding to 217,444 shares, a minor change that does not affect her percentage of the company’s issued share capital. This announcement ensures transparency and compliance with market regulations, reflecting Trifast’s commitment to accurate financial reporting.
The most recent analyst rating on (GB:TRI) stock is a Buy with a £1.30 price target. To see the full list of analyst forecasts on Trifast stock, see the GB:TRI Stock Forecast page.
Spark’s Take on GB:TRI Stock
According to Spark, TipRanks’ AI Analyst, GB:TRI is a Neutral.
Trifast’s overall stock score reflects a stable financial performance with improved operational efficiency but challenges in revenue growth and cash flow. Positive technical momentum and insider confidence through share purchases are strong positives. However, a high P/E ratio raises valuation concerns.
To see Spark’s full report on GB:TRI stock, click here.
More about Trifast
Trifast PLC operates in the fasteners industry, providing a wide range of industrial fasteners and components. The company primarily focuses on manufacturing and distributing fastening solutions to various sectors, including automotive, electronics, and domestic appliances.
Average Trading Volume: 182,598
Technical Sentiment Signal: Buy
Current Market Cap: £109.2M
For a thorough assessment of TRI stock, go to TipRanks’ Stock Analysis page.