Trinity Place (NYSEAMERICAN:TPHS) Shares Cross Below 200-Day Moving Average – Should You Sell?

Trinity Place Holdings Inc. (NYSEAMERICAN:TPHSGet Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.04 and traded as low as $0.0311. Trinity Place shares last traded at $0.0380, with a volume of 809,797 shares.

Trinity Place Price Performance

The company has a fifty day simple moving average of $0.04 and a 200-day simple moving average of $0.04. The company has a market cap of $2.48 million, a P/E ratio of -0.24 and a beta of 0.16.

Trinity Place Company Profile

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Trinity Place Holdings Inc operates as a real estate holding, investment, development, and asset management company in the United States. Its assets are located at 77 Greenwich Street in Lower Manhattan; and a property occupied by a retail tenant in Paramus, New Jersey. The company also controls various intellectual property assets focused on the consumer sector, including FilenesBasement.com, its rights to the Stanley Blacker brand, as well as the intellectual property associated with the running of the Brides event and An Educated Consumer.

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