TotalEnergies (LON:TTE) Reaches New 52-Week Low – Here’s Why

TotalEnergies SE (LON:TTE)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 50.89 ($0.64) and last traded at GBX 51.59 ($0.65), with a volume of 24208 shares. The stock had previously closed at GBX 52.35 ($0.66).

TotalEnergies Stock Down 0.5 %

The business’s 50-day simple moving average is GBX 57 and its 200 day simple moving average is GBX 60.38. The firm has a market cap of £1.18 billion, a PE ratio of 6.41, a P/E/G ratio of 11.25 and a beta of 0.74. The company has a current ratio of 1.12, a quick ratio of 0.52 and a debt-to-equity ratio of 45.21.

TotalEnergies Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th will be paid a €0.79 ($0.81) dividend. This represents a dividend yield of 1.37%. The ex-dividend date of this dividend is Wednesday, March 26th. TotalEnergies’s dividend payout ratio is presently 3,906.06%.

About TotalEnergies

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.