Trinity Place (NYSEAMERICAN:TPHS) Stock Price Crosses Above Two Hundred Day Moving Average of $0.00

Trinity Place Holdings Inc (NYSEAMERICAN:TPHS)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $4.06. Trinity Place shares last traded at $4.05, with a volume of 110 shares changing hands.

Trinity Place (NYSEAMERICAN:TPHS) last posted its quarterly earnings results on Wednesday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $1.29 million during the quarter.

In related news, insider Mfp Partners Lp bought 2,127,146 shares of Trinity Place stock in a transaction on Tuesday, June 11th. The shares were purchased at an average price of $3.60 per share, for a total transaction of $7,657,725.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have acquired 2,127,896 shares of company stock worth $7,660,718.

A number of institutional investors and hedge funds have recently modified their holdings of the business. CIBC World Markets Inc. boosted its holdings in Trinity Place by 89.1% during the first quarter. CIBC World Markets Inc. now owns 69,502 shares of the company’s stock worth $278,000 after buying an additional 32,752 shares during the last quarter. Teton Advisors Inc. boosted its holdings in Trinity Place by 22.2% during the first quarter. Teton Advisors Inc. now owns 55,023 shares of the company’s stock worth $220,000 after buying an additional 10,000 shares during the last quarter. Boyar Asset Management Inc. boosted its holdings in Trinity Place by 27.8% during the first quarter. Boyar Asset Management Inc. now owns 74,262 shares of the company’s stock worth $297,000 after buying an additional 16,160 shares during the last quarter. Paloma Partners Management Co acquired a new stake in shares of Trinity Place during the fourth quarter worth about $137,000. Finally, Bank of America Corp DE raised its position in shares of Trinity Place by 170.0% during the fourth quarter. Bank of America Corp DE now owns 26,516 shares of the company’s stock worth $115,000 after purchasing an additional 16,695 shares during the period.

Trinity Place Company Profile (NYSEAMERICAN:TPHS)

Trinity Place Holdings Inc, a real estate holding, investment, and asset management company, primarily acquires, invests in, owns, manages, develops or redevelops, and sells real estate assets and/or real estate related securities in the United States. The company's principal asset is located at 77 Greenwich Street in Lower Manhattan.

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