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

Tetragon Financial (LON:TFG)’s stock price hit a new 52-week high 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 changing hands. The stock had previously closed at GBX 12.70 ($0.16).

Tetragon Financial Stock Performance

The firm has a 50 day moving average of GBX 11.74 and a two-hundred day moving average of GBX 10.69. The stock has a market cap of £10.88 million, a P/E ratio of 8.76 and a beta of 0.46. 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 Dividend Announcement

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

About Tetragon Financial

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.