Tricorn Group (LON:TCN) Stock Passes Below Two Hundred Day Moving Average of $18.12

Tricorn Group plc (LON:TCN) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.12 and traded as low as $18.00. Tricorn Group shares last traded at $18.00, with a volume of 0 shares traded.

The company’s fifty day moving average is GBX 17.74 and its 200 day moving average is GBX 18.12. The firm has a market cap of $6.17 million and a price-to-earnings ratio of 7.50. The company has a quick ratio of 0.64, a current ratio of 1.10 and a debt-to-equity ratio of 51.76.

In related news, insider Phillip Lee sold 55,600 shares of the stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of GBX 18 ($0.24), for a total transaction of £10,008 ($13,077.22).

Tricorn Group Company Profile (LON:TCN)

Tricorn Group plc manufactures and supplies pipe and tubing assemblies for companies worldwide. It operates through two segments, Transportation and Energy. The Energy segment provides manipulated tubular assemblies for use in power generation, oil and gas, and marine sectors. The Transportation segment offers ferrous, non-ferrous, and nylon material tubular assemblies for use in on- and off-highway applications.

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