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

Tetragon Financial (LON:TFGGet Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 16.50 ($0.20) and last traded at GBX 16.35 ($0.20), with a volume of 72500 shares changing hands. The stock had previously closed at GBX 16.15 ($0.20).

Tetragon Financial Price Performance

The company has a debt-to-equity ratio of 10.63, a current ratio of 0.53 and a quick ratio of 6.03. The stock has a market capitalization of £13.28 million, a price-to-earnings ratio of 10.69 and a beta of 0.46. The stock has a 50 day moving average price of GBX 14.07 and a 200-day moving average price of GBX 11.82.

Tetragon Financial Announces Dividend

The firm also recently announced 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 of this dividend was Friday, November 1st. This represents a yield of 0.87%. Tetragon Financial’s dividend payout ratio (DPR) is presently 2,875.82%.

About Tetragon Financial

(Get Free Report)

Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial Management LP.

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