How have the shares performed?
Trinity Place Holdings Inc. (TPHS) saw downtrend of -5.42% in the recent trading with $1.92 being its most recent. The current price level -36.84% lower than the highest price of $3.04 marked by the stock while trading over the past 52-weeks, whereas it is 62.71% higher than the lowest price of $1.18 the company dropped to over past 52-weeks. The latest news story on TPHS appeared in Business Wire under the title “Trinity Place Holdings Inc. Sets Annual Meeting of Stockholders and Provides 77 Greenwich Update” on Apr-13-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -14.29% below one month high and is +7.87% above of the lowest during that time. Looking into the simple moving average, Trinity Place Holdings Inc. (TPHS)’s stock stands at a SMA-50 of $1.9522 while that of 5-day is reading $2.0140.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and TPHS’s SMA-200 as of now is $1.7235.
Trinity Place Holdings Inc. Earnings – What Happened With TPHS
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $345.0 million.
TPHS – Trinity Place Holdings Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 32.59 million. TPHS does have institutional investors; and they hold 53.70% of the stock.
Trinity Place Holdings Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 5 new insider purchases involving 35,721 shares. On the other hand, TPHS declared 224,511 shares have been sold in 11 insider transactions over the past three months.
As on Mar 30, 2021, Price, Michael F. was the top most holder in Trinity Place Holdings Inc. (AMEX:TPHS) with an ownership of 6.71 million shares of the company or 20.67% of the stake worth $14.02 million. The filing also reveals Third Avenue Management, LLC as the second largest holder in the company with a control over 18.73% of the outstanding shares. Its stake is worth $12.71 million for having 6.08 million shares in hand.
Kahn Brothers Group Inc. also came holding a key position in the company during the recent quarter and it now holds 4.19% of the outstanding shares. With this there are now 35 institutions which have possession in TPHS’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Trinity Place Holdings Inc. has a debt to equity ratio of 4.15. The count was 223.10 for long-term debt to equity ratio.
Trinity Place Holdings Inc.’s return on equity, or ROE, is 4.50%, compared to the industry average of 3.59% for Real Estate – Real Estate – Diversified. Although this indicates that TPHS uses its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Trinity Place Holdings Inc. (AMEX:TPHS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Trinity Place Holdings Inc. (TPHS), we notice that the stock’s 20-day average volume is at 63,845 shares and 50% of short term indicators are suggesting the stock as Sell. Its 50-day average volume of 45,152 shares. And to end, TPHS’s 100-day average volume is 52,181 shares with 50% of the long-term indicators pointing towards Buy for the stock.