Trinity Place Holdings Inc (TPHS) Shares Soar Above 1-Year High

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Trinity Place Holdings Inc (AMEX: TPHS)’s stock price has gone rise by 6.26 in comparison to its previous close of 0.14, however, the company has experienced a 1.70% increase in its stock price over the last five trading days. InvestorPlace reported 2024-03-18 that For an unclear reason, shares of Trinity Place (NYSEMKT: TPHS ) — a real estate holding, investment, development and asset management firm — soared over 120% on Monday. No immediate corporate-specific news explains the dramatic lift in TPHS stock.

Is It Worth Investing in Trinity Place Holdings Inc (AMEX: TPHS) Right Now?

Company’s 36-month beta value is -0.08.

The public float for TPHS is 51.96M, and currently, short sellers hold a 1.04% ratio of that floaft. The average trading volume of TPHS on April 16, 2024 was 2.79M shares.

TPHS’s Market Performance

The stock of Trinity Place Holdings Inc (TPHS) has seen a 1.70% increase in the past week, with a 17.56% rise in the past month, and a -42.97% fall in the past quarter. The volatility ratio for the week is 7.40%, and the volatility levels for the past 30 days are at 20.55% for TPHS. The simple moving average for the past 20 days is 4.78% for TPHS’s stock, with a -50.52% simple moving average for the past 200 days.

TPHS Trading at -4.48% from the 50-Day Moving Average

After a stumble in the market that brought TPHS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.97% of loss for the given period.

Volatility was left at 20.55%, however, over the last 30 days, the volatility rate increased by 7.40%, as shares surge +84.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.00% lower at present.

During the last 5 trading sessions, TPHS rose by +1.70%, which changed the moving average for the period of 200-days by -73.81% in comparison to the 20-day moving average, which settled at $0.1459. In addition, Trinity Place Holdings Inc saw 34.50% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for TPHS

Current profitability levels for the company are sitting at:

  • -0.28 for the present operating margin
  • -0.02 for the gross margin

The net margin for Trinity Place Holdings Inc stands at -1.17. The total capital return value is set at -0.05. Equity return is now at value -451.27, with -13.59 for asset returns.

Based on Trinity Place Holdings Inc (TPHS), the company’s capital structure generated 1.04 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at -24.6. The interest coverage ratio of the stock is -0.29.

Currently, EBITDA for the company is -5.9 million with net debt to EBITDA at -73.07. When we switch over and look at the enterprise to sales, we see a ratio of 7.45. The receivables turnover for the company is 50.42for trailing twelve months and the total asset turnover is 0.12.

Conclusion

In a nutshell, Trinity Place Holdings Inc (TPHS) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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