Trinity Place (NYSEAMERICAN:TPHS) Shares Cross Above Fifty Day Moving Average of $0.00

Trinity Place Holdings Inc (NYSEAMERICAN:TPHS)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.00 and traded as high as $3.85. Trinity Place shares last traded at $3.85, with a volume of 926 shares changing hands.

Trinity Place (NYSEAMERICAN:TPHS) last announced its earnings results on Wednesday, August 7th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $1.28 million during the quarter.

Hedge funds have recently made changes to their positions in the stock. Gabelli Funds LLC grew its position in shares of Trinity Place by 2.2% during the 3rd quarter. Gabelli Funds LLC now owns 190,000 shares of the company’s stock worth $760,000 after buying an additional 4,000 shares during the period. O Keefe Stevens Advisory Inc. grew its position in shares of Trinity Place by 2.9% during the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 369,125 shares of the company’s stock worth $1,477,000 after buying an additional 10,300 shares during the period. Susquehanna International Group LLP acquired a new position in shares of Trinity Place during the 2nd quarter worth about $49,000. Jane Street Group LLC acquired a new position in shares of Trinity Place during the 2nd quarter worth about $141,000. Finally, Paloma Partners Management Co grew its position in shares of Trinity Place by 495.3% during the 2nd quarter. Paloma Partners Management Co now owns 72,464 shares of the company’s stock worth $286,000 after buying an additional 60,292 shares during the period.

About Trinity Place (NYSEAMERICAN:TPHS)

Trinity Place Holdings Inc, a real estate holding, investment, and asset management company, primarily acquires, invests in, owns, manages, develops or redevelops, and sells real estate assets and/or real estate related securities in the United States. The company's principal asset is located at 77 Greenwich Street in Lower Manhattan.

Further Reading: Support Level

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