Trinity Place (NYSEAMERICAN:TPHS) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Trinity Place Holdings Inc. (NYSEAMERICAN:TPHSGet Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.02 and traded as high as $0.0249. Trinity Place shares last traded at $0.0249, with a volume of 5,137 shares trading hands.

Trinity Place Stock Down 0.8%

The business’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.03. The firm has a market capitalization of $1.61 million, a P/E ratio of -0.15 and a beta of 0.16.

Trinity Place Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Trinity Place Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinity Place and related companies with MarketBeat.com's FREE daily email newsletter.