Trinity Place (NYSEAMERICAN:TPHS) Posts Quarterly Earnings Results

Trinity Place (NYSEAMERICAN:TPHS) posted its quarterly earnings data on Tuesday. The company reported ($0.01) EPS for the quarter, RTT News reports.

Trinity Place Trading Up 9.1%

TPHS stock traded up $0.00 during trading hours on Tuesday, hitting $0.03. 10,239 shares of the stock traded hands, compared to its average volume of 36,595. The stock has a 50-day simple moving average of $0.03 and a 200 day simple moving average of $0.04. The company has a market cap of $1.80 million, a P/E ratio of -0.17 and a beta of 0.16. Trinity Place has a one year low of $0.03 and a one year high of $0.07.

Trinity Place Company Profile

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.