Trinity Place (NYSEAMERICAN:TPHS) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.03 and traded as low as $0.0262. Trinity Place shares last traded at $0.0262, with a volume of 782 shares traded.

Trinity Place Price Performance

The stock has a 50-day moving average of $0.03 and a 200 day moving average of $0.03. The stock has a market capitalization of $1.71 million, a price-to-earnings ratio of -0.16 and a beta of 0.16.

Trinity Place (NYSEAMERICAN:TPHS) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($0.01) EPS for the quarter.

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.