Trinity Place (NYSEAMERICAN:TPHS) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Trinity Place Holdings Inc. (NYSEAMERICAN:TPHS – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $0.03 and traded as low as $0.0294. Trinity Place shares last traded at $0.0294, with a volume of 10,800 shares trading hands.

Trinity Place Stock Down 9.0%

The stock has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.03. The stock has a market capitalization of $1.92 million, a price-to-earnings ratio of -0.18 and a beta of 0.16.

About Trinity Place

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Trinity Place Holdings, Inc is a real estate company focused on the ownership, development, redevelopment and management of commercial and residential properties. The company’s activities have primarily centered on urban real estate, including mixed-use developments, retail space and other properties in the New York metropolitan area.

Trinity Place Holdings is best known for its former flagship development at 77 Greenwich Street in Lower Manhattan, a mixed-use project that included condominium residences, retail space and community facilities.

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