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

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

Tetragon Financial Price Performance

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 company has a market cap of £10.31 million, a P/E ratio of 8.30 and a beta of 0.46. The business’s fifty day moving average is GBX 11.07 and its 200 day moving average is GBX 10.44.

Tetragon Financial Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, November 27th. Investors of record on Friday, November 1st will be paid a $0.11 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a yield of 0.87%. Tetragon Financial’s dividend 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.