Shares of Tricorn Group plc (LON:TCN) hit a new 52-week low on Wednesday . The stock traded as low as GBX 9.10 ($0.12) and last traded at GBX 10.25 ($0.13), with a volume of 360845 shares trading hands. The stock had previously closed at GBX 12.75 ($0.17).
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Tricorn Group in a report on Wednesday, October 9th.
The company has a debt-to-equity ratio of 51.76, a quick ratio of 0.64 and a current ratio of 1.10. The company has a market capitalization of $3.45 million and a price-to-earnings ratio of 4.27. The stock’s fifty day simple moving average is GBX 12.40 and its two-hundred day simple moving average is GBX 16.54.
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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