Somewhat Positive News Coverage Somewhat Likely to Impact Trifast (TRI) Stock Price

News articles about Trifast (LON:TRI) have been trending somewhat positive this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Trifast earned a media sentiment score of 1.12 on their scale. InfoTrie also assigned news coverage about the company an news buzz score of 6 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company’s share price in the next few days.

Several analysts have recently weighed in on TRI shares. Peel Hunt reissued a “buy” rating on shares of Trifast in a report on Monday, November 5th. FinnCap reissued a “corporate” rating on shares of Trifast in a report on Wednesday, September 26th.

Shares of LON:TRI traded down GBX 7.50 ($0.10) during trading on Friday, hitting GBX 187 ($2.44). 636,824 shares of the stock were exchanged, compared to its average volume of 80,087. Trifast has a 1-year low of GBX 191.75 ($2.51) and a 1-year high of GBX 264 ($3.45).

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About Trifast

Trifast plc, together with its subsidiaries, designs, manufactures, and distributes mechanical fasteners and category C components to distributors and original equipment manufacturer assemblers. It offers screws and bolts, nuts, washers, circlips, seals, rings, spacers, pillars, security fasteners, pins and keys, tooling and driver bits, and fasteners for sheet metal and plastic, as well as enclosure, plastic, and other hardware products.

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