Tetragon Financial (LON:TFG) Sets New 52-Week High – Here’s What Happened

Tetragon Financial (LON:TFG) reached a new 52-week high on Wednesday . The stock traded as high as GBX 1,140 ($14.45) and last traded at GBX 14 ($0.18), with a volume of 452 shares trading hands. The stock had previously closed at GBX 14.25 ($0.18).

Tetragon Financial Stock Down 1.8 %

The firm has a 50-day moving average of GBX 11.97 and a 200 day moving average of GBX 10.78. The stock has a market capitalization of £11.37 million, a price-to-earnings ratio of 9.15 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 Announces Dividend

The business 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 yield of 0.87%. The ex-dividend date was Friday, November 1st. Tetragon Financial’s dividend payout ratio (DPR) is presently 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.