Trinity Place (NYSEAMERICAN:TPHS) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Trinity Place Holdings Inc. (NYSEAMERICAN:TPHSGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.03 and traded as low as $0.0203. Trinity Place shares last traded at $0.0230, with a volume of 4,153 shares changing hands.

Trinity Place Price Performance

The stock has a market capitalization of $1.50 million, a price-to-earnings ratio of -0.14 and a beta of 0.16. The business’s fifty day moving average price is $0.02 and its 200-day moving average price is $0.03.

Trinity Place (NYSEAMERICAN:TPHSGet Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Trinity Place

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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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