Tetragon Financial (LON:TFG) Reaches New 1-Year High – Time to Buy?

Tetragon Financial (LON:TFG) hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,140 ($14.09) and last traded at GBX 14.10 ($0.17), with a volume of 853 shares. The stock had previously closed at GBX 13.95 ($0.17).

Tetragon Financial Price Performance

The stock has a 50 day moving average of GBX 13.50 and a 200-day moving average of GBX 11.46. 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 market capitalization of £12.06 million, a P/E ratio of 9.71 and a beta of 0.46.

Tetragon Financial Announces Dividend

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