An analyst sees good growth prospects for Trinity Place Holdings Inc (TPHS)

With 9.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.41 million shares. During the session, the Real Estate – Development company that operates in wider Real Estate sector, reached to the highest price of $0.1759 whereas the lowest price it dropped to was $0.14. The 52-week range on TPHS shows that it touched its highest point at $0.71 and its lowest point at $0.08 during that stretch. Beta for the stock currently stands at -0.03.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TPHS was up-trending over the past week, with a rise of 24.54%, but this was up by 33.43% over a month. Three-month performance surged to 25.43% while six-month performance rose 17.07%. The stock lost -66.23% in the past year, while it has gained 58.20% so far this year.

Float and Shares Shorts:

At present, 64.05 million TPHS shares are outstanding with a float of 58.73 million shares on hand for trading. On 2024-05-15, short shares totaled 33347.0, which was 5.0 higher than short shares on 1713139200. In addition to Mr. Matthew Messinger as the firm’s President, CEO & Director, Mr. Steven Kahn CPA serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.70494 of TPHS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, TPHS reported revenue of $2237000.0 and operating income of -$1858000.0. The EBITDA in the recently reported quarter was $13460000.0 and diluted EPS was $0.15.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPHS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.