Trinity Place (NYSEAMERICAN:TPHS) Shares Pass Below 200-Day Moving Average – What’s Next?

Trinity Place (NYSEAMERICAN:TPHS) Shares Pass Below 200-Day Moving Average – What’s Next?


Trinity Place Holdings Inc. (NYSEAMERICAN:TPHSGet Free Report) crossed below its two hundred day shifting average during trading on Friday . The stock has a two hundred day shifting average of $0.04 and traded as low as $0.0375. Trinity Place shares last traded at $0.0389, with a volume of 27,607 shares traded.

Trinity Place Stock Performance

The firm has a fifty day shifting average of $0.04 and a 200 day shifting average of $0.04. The firm has a market capitalization of $2.54 million, a PE ratio of -0.24 and a beta of 0.16.

Trinity Place Company Profile

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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 exmodify, 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 pconcludeing the identification and consummation of a business combination.

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