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Trifast ( (GB:TRI) ) has shared an announcement.
Trifast plc announced recent share acquisitions by its executives under the company’s Dividend Re-Investment Plan. CEO Iain Percival purchased 5,619 ordinary shares, while Senior Independent Non-Executive Director Clive Watson acquired 1,665 shares. These transactions reflect the executives’ confidence in the company’s future prospects and may positively influence stakeholder perceptions.
The most recent analyst rating on (GB:TRI) stock is a Hold with a £81.00 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 but challenging financial performance, with improved operational efficiency but declining revenue and free cash flow. The technical analysis indicates mixed signals with a lack of strong momentum, and the high P/E ratio suggests overvaluation concerns.
To see Spark’s full report on GB:TRI stock, click here.
More about Trifast
Trifast plc operates in the manufacturing industry, specializing in the production and distribution of industrial fasteners and components. The company focuses on providing fastening solutions to various sectors, including automotive, electronics, and domestic appliances, with a strong presence in the European and Asian markets.
Average Trading Volume: 131,437
Technical Sentiment Signal: Buy
Current Market Cap: £109M
For an in-depth examination of TRI stock, go to TipRanks’ Overview page.