Tetragon Financial (LON:TFG) Hits New 12-Month High – Should You Buy?

Shares of Tetragon Financial (LON:TFG) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 16.50 ($0.20) and last traded at GBX 16.35 ($0.20), with a volume of 72500 shares. The stock had previously closed at GBX 16.15 ($0.20).

Tetragon Financial Stock Performance

The company has a market capitalization of £13.28 million, a price-to-earnings ratio of 10.69 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. The stock has a 50-day simple moving average of GBX 13.93 and a 200-day simple moving average of GBX 11.73.

Tetragon Financial Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 27th. Shareholders 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 dividend payout ratio (DPR) is 2,875.82%.

Tetragon Financial Company Profile

Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial Management LP.