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

Posted by James Quigley on Nov 14th, 2024

Tetragon Financial (LON:TFG – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 985 ($12.68) and last traded at GBX 12.75 ($0.16), with a volume of 7025 shares changing hands. The stock had previously closed at GBX 12.75 ($0.16).

Tetragon Financial Trading Down 0.8 %

The firm has a fifty day simple moving average of GBX 11.07 and a two-hundred day simple moving average of GBX 10.44. The stock has a market cap of £10.31 million, a PE ratio of 8.30 and a beta of 0.46. The company has a current ratio of 0.53, a quick ratio of 6.03 and a debt-to-equity ratio of 10.63.

Tetragon Financial Dividend Announcement

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

About Tetragon Financial

(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.