Trinity Place (NYSEAMERICAN:TPHS) Releases Quarterly Earnings Results

Trinity Place (NYSEAMERICAN:TPHS) announced its quarterly earnings results on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, RTT News reports.

Trinity Place Stock Performance

TPHS traded up $0.00 during mid-day trading on Tuesday, reaching $0.03. 10,239 shares of the stock were exchanged, compared to its average volume of 36,595. Trinity Place has a 1 year low of $0.03 and a 1 year high of $0.07. The stock has a market capitalization of $1.80 million, a PE ratio of -0.17 and a beta of 0.16. The company has a 50 day moving average price of $0.03 and a two-hundred day moving average price of $0.04.

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.