Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.04 and traded as low as $0.0350. Trinity Place shares last traded at $0.0350, with a volume of 2,075 shares changing hands.
Trinity Place Stock Up 22.8%
The business has a fifty day moving average of $0.04 and a 200 day moving average of $0.04. The firm has a market cap of $2.29 million, a P/E ratio of -0.22 and a beta of 0.16.
Trinity Place Company Profile
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.
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