Tetragon Financial (LON:TFG) Hits New 52-Week High – Time to Buy?

Posted by Scott Moore on Nov 29th, 2024

Tetragon Financial (LON:TFG – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 13.58 ($0.17) and last traded at GBX 13.58 ($0.17), with a volume of 16123 shares. The stock had previously closed at GBX 12.70 ($0.16).

Tetragon Financial Stock Performance

The company has a market cap of £10.88 million, a P/E ratio of 8.76 and a beta of 0.46. The firm has a 50 day moving average price of GBX 11.74 and a 200-day moving average price of GBX 10.69. The company has a debt-to-equity ratio of 10.63, a quick ratio of 6.03 and a current ratio of 0.53.

Tetragon Financial Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 27th. Stockholders 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 dividend yield of 0.87%. Tetragon Financial’s dividend payout ratio (DPR) is presently 2,875.82%.

Tetragon Financial Company Profile

(Get Free Report)

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.