Tetragon Financial (LON:TFG) Sets New 1-Year High – What’s Next?

Tetragon Financial (LON:TFG)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 16.30 ($0.20) and last traded at GBX 16 ($0.20), with a volume of 40519 shares trading hands. The stock had previously closed at GBX 16.30 ($0.20).

Tetragon Financial Stock Down 1.8 %

The firm has a market capitalization of £12.99 million, a P/E ratio of 10.46 and a beta of 0.46. The company has a fifty day simple moving average of GBX 13.60 and a 200 day simple moving average of GBX 11.54. The company has a quick ratio of 6.03, a current ratio of 0.53 and a debt-to-equity ratio of 10.63.

Tetragon Financial Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, November 27th. Investors of record on Friday, November 1st were given a dividend of $0.11 per share. This represents a dividend yield of 0.87%. The ex-dividend date of this dividend was Friday, November 1st. Tetragon Financial’s dividend payout ratio (DPR) is currently 2,875.82%.

Tetragon Financial Company Profile

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.