Tricorn Group plc (LON:TCN)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 9.10 ($0.12) and last traded at GBX 10.25 ($0.13), with a volume of 360845 shares changing hands. The stock had previously closed at GBX 12.75 ($0.17).
Separately, Shore Capital restated a “house stock” rating on shares of Tricorn Group in a research note on Wednesday, October 9th.
The stock’s 50-day moving average is GBX 12.40 and its 200-day moving average is GBX 16.54. The stock has a market cap of $3.45 million and a price-to-earnings ratio of 4.27. The company has a current ratio of 1.10, a quick ratio of 0.64 and a debt-to-equity ratio of 51.76.
Tricorn Group Company Profile (LON:TCN)
Tricorn Group plc manufactures and supplies pipe and tubing assemblies for companies worldwide. It operates through two segments, Transportation and Energy. The Energy segment provides manipulated tubular assemblies for use in power generation, oil and gas, and marine sectors. The Transportation segment offers ferrous, non-ferrous, and nylon material tubular assemblies for use in on- and off-highway applications.
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