Should You Invest in Trinity Place Holdings Inc (TPHS) Now?

The 36-month beta value for TPHS is at -0.03. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for TPHS is 58.70M, and currently, shorts hold a 0.41% of that float. The average trading volume for TPHS on June 17, 2024 was 8.64M shares.

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TPHS) stock’s latest price update

Trinity Place Holdings Inc (AMEX: TPHS)’s stock price has plunge by -6.65relation to previous closing price of 0.14. Nevertheless, the company has seen a -28.08% plunge in its stock price over the last five trading sessions. investorplace.com 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.

TPHS’s Market Performance

Trinity Place Holdings Inc (TPHS) has seen a -28.08% fall in stock performance for the week, with a -9.91% decline in the past month and a -29.99% plunge in the past quarter. The volatility ratio for the week is 13.64%, and the volatility levels for the past 30 days are at 24.52% for TPHS. The simple moving average for the past 20 days is -12.80% for TPHS’s stock, with a -43.41% simple moving average for the past 200 days.

TPHS Trading at -10.64% 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 -82.21% of loss for the given period.

Volatility was left at 24.52%, however, over the last 30 days, the volatility rate increased by 13.64%, as shares sank -8.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.14% lower at present.

During the last 5 trading sessions, TPHS fell by -26.77%, which changed the moving average for the period of 200-days by -65.34% in comparison to the 20-day moving average, which settled at $0.1442. In addition, Trinity Place Holdings Inc saw 13.78% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TPHS starting from MFP PARTNERS LP, who sale 86,668 shares at the price of $0.23 back on Jun 07 ’24. After this action, MFP PARTNERS LP now owns 8,532,617 shares of Trinity Place Holdings Inc, valued at $19,934 using the latest closing price.

MFP PARTNERS LP, the 10% Owner of Trinity Place Holdings Inc, sale 55,403 shares at $0.12 during a trade that took place back on Jun 06 ’24, which means that MFP PARTNERS LP is holding 8,619,285 shares at $6,648 based on the most recent closing price.

Stock Fundamentals for TPHS

Current profitability levels for the company are sitting at:

  • -0.42 for the present operating margin
  • -0.07 for the gross margin

The net margin for Trinity Place Holdings Inc stands at -1.17. The total capital return value is set at -2.3. Equity return is now at value -207.42, with -16.73 for asset returns.

Based on Trinity Place Holdings Inc (TPHS), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -15.3. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is -0.31.

Currently, EBITDA for the company is -5.9 million with net debt to EBITDA at 0.81. When we switch over and look at the enterprise to sales, we see a ratio of 0.22. The receivables turnover for the company is 176.48for trailing twelve months and the total asset turnover is 3.44.

Conclusion

In conclusion, Trinity Place Holdings Inc (TPHS) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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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