Trinity Place (NYSEAMERICAN:TPHS) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Trinity Place Holdings Inc. (NYSEAMERICAN:TPHSGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.04 and traded as low as $0.0275. Trinity Place shares last traded at $0.0275, with a volume of 213 shares.

Trinity Place Price Performance

The business has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.04. The stock has a market capitalization of $1.80 million, a price-to-earnings ratio of -0.17 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 exchange, 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 pending the identification and consummation of a business combination.

Further Reading

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