Truetide (LON:TRUE – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX (0.56) earnings per share (EPS) for the quarter, Digital Look Earnings reports.
Truetide Stock Up 4.8%
Shares of LON TRUE traded up GBX 0.15 during mid-day trading on Friday, hitting GBX 3.30. 30 shares of the company traded hands, compared to its average volume of 255,036. Truetide has a 1 year low of GBX 1.50 and a 1 year high of GBX 4. The stock has a market capitalization of £2.59 million and a price-to-earnings ratio of -2.04. The business has a 50 day moving average of GBX 2.91 and a two-hundred day moving average of GBX 2.34.
Insiders Place Their Bets
In related news, insider Trevor Brown acquired 175,000 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were purchased at an average price of GBX 190 per share, for a total transaction of £332,500. Corporate insiders own 36.68% of the company’s stock.
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