Tetragon Financial (LON:TFG) Hits New 1-Year High – Here’s Why

Shares of Tetragon Financial (LON:TFG) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,140 ($14.26) and last traded at GBX 14.10 ($0.18), with a volume of 853 shares. The stock had previously closed at GBX 13.95 ($0.17).

Tetragon Financial Stock Up 1.1 %

The company has a quick ratio of 6.03, a current ratio of 0.53 and a debt-to-equity ratio of 10.63. The stock has a market capitalization of £11.45 million, a P/E ratio of 9.22 and a beta of 0.46. The company has a fifty day moving average price of GBX 13.45 and a 200-day moving average price of GBX 11.41.

Tetragon Financial Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 1st were paid a dividend of $0.11 per share. The ex-dividend date was Friday, November 1st. This represents a yield of 0.87%. Tetragon Financial’s payout ratio is currently 2,875.82%.

About Tetragon Financial

Tetragon Financial Group Limited is a close ended feeder fund launched and managed by Tetragon Financial Management LP. The fund invests its entire corpus in Tetragon Financial Group Master Fund Limited. It was formerly known as Tetragon Credit Income Fund Limited. Tetragon Financial Group Limited was formed on June 23, 2005 and is domiciled in the Guernsey, Channel Islands.