Tetragon Financial (LON:TFG) Hits New 52-Week Low at $9.50

Shares of Tetragon Financial (LON:TFG) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 9.50 ($0.12) and last traded at GBX 9.50 ($0.12), with a volume of 1478 shares traded. The stock had previously closed at GBX 9.65 ($0.12).

Tetragon Financial Stock Performance

The company has a debt-to-equity ratio of 8.85, a current ratio of 1.32 and a quick ratio of 6.03. The firm has a market capitalization of £7.84 million, a price-to-earnings ratio of 6.21 and a beta of 0.46. The firm’s fifty day moving average is GBX 9.79 and its 200 day moving average is GBX 9.81.

Tetragon Financial Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, April 3rd. Investors of record on Wednesday, March 6th were issued a dividend of $0.11 per share. This represents a dividend yield of 1.13%. The ex-dividend date was Wednesday, March 6th. Tetragon Financial’s dividend payout ratio is currently 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.