Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Trinity Place Holdings Inc shares valued at $19,934 were sold by MFP PARTNERS LP on Jun 07 ’24. At $0.23 per share, MFP PARTNERS LP sold 86,668 shares. The insider’s holdings dropped to 8,532,617 shares worth approximately $0.94 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, MFP PARTNERS LP sold 55,403 shares, netting a total of over 6,648 in proceeds. Following the sale of shares at $0.12 each, the insider now holds 8,619,285 shares.
Before that, MFP PARTNERS LP had sold 207,929 shares from its account. In a trade valued at $29,110, the 10% Owner traded Trinity Place Holdings Inc shares for $0.14 each. Upon closing the transaction, the insider’s holdings decreased to 207,929 shares, worth approximately $0.95 million.
Analyzing TPHS Stock Performance
During the last five days, there has been a drop of approximately -4.51%. Over the course of the year, Trinity Place Holdings Inc shares have jumped approximately 1.17%. Shares of the company reached a 52-week high of $0.4849 on 06/07/24 and a 52-week low of $0.0810 on 03/15/24. A 50-day SMA is recorded $0.1366, while a 200-day SMA reached $0.2050. Nevertheless, trading volume fell to 3.12 million shares from 18.01 million shares the previous day.
Support And Resistance Levels for Trinity Place Holdings Inc (TPHS)
According to the 24-hour chart, there is a support level at 0.1071, which, if violated, would cause prices to drop to 0.1009. In the upper region, resistance lies at 0.1175. The next price resistance is at 0.1217. RSI (Relative Strength Index) is 39.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0088, which suggests the price will decrease in the coming days. Percent R is at 86.45%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
