Tristel (LON:TSTL) Hits New 52-Week Low – Here’s Why

Tristel plc (LON:TSTLGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 290 ($3.75) and last traded at GBX 297 ($3.84), with a volume of 195685 shares changing hands. The stock had previously closed at GBX 302.50 ($3.91).

Tristel Stock Performance

The company has a market capitalization of £136.15 million, a P/E ratio of 20.86 and a beta of 0.23. The company has a 50-day simple moving average of GBX 346.44 and a 200 day simple moving average of GBX 385.55. The company has a debt-to-equity ratio of 18.09, a quick ratio of 3.83 and a current ratio of 3.75.

Tristel (LON:TSTLGet Free Report) last announced its earnings results on Monday, February 24th. The company reported GBX 8.17 ($0.11) earnings per share (EPS) for the quarter. Tristel had a net margin of 15.47% and a return on equity of 20.43%. Sell-side analysts expect that Tristel plc will post 16.2974684 earnings per share for the current year.

Tristel Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 5.68 ($0.07) per share. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, March 20th. Tristel’s dividend payout ratio is currently 95.14%.

Insider Activity at Tristel

In other news, insider Matthew (Matt) Giovanni Sassone bought 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 26th. The stock was acquired at an average cost of GBX 310 ($4.01) per share, for a total transaction of £10,850 ($14,027.15). 4.89% of the stock is owned by corporate insiders.

Tristel Company Profile

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