Tristel (LON:TSTL) Hits New 52-Week Low – Should You Sell?

Shares of Tristel plc (LON:TSTL) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 305.50 ($3.93) and last traded at GBX 312.50 ($4.02), with a volume of 110779 shares traded. The stock had previously closed at GBX 322 ($4.15).

Tristel Price Performance

The firm has a 50-day moving average price of GBX 355.03 and a two-hundred day moving average price of GBX 389.43. The company has a market capitalization of £145.70 million, a P/E ratio of 22.32 and a beta of 0.23. The company has a quick ratio of 3.83, a current ratio of 3.75 and a debt-to-equity ratio of 18.09.

Tristel (LON:TSTL) last issued its quarterly earnings results on Monday, February 24th. The company reported GBX 8.17 ($0.11) earnings per share for the quarter. Tristel had a net margin of 15.47% and a return on equity of 20.43%. Equities research analysts anticipate that Tristel plc will post 16.2974684 EPS for the current fiscal year.

Tristel Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 20th will be given a dividend of GBX 5.68 ($0.07) per share. This represents a yield of 1.7%. The ex-dividend date of this dividend is Thursday, March 20th. Tristel’s dividend payout ratio (DPR) is presently 95.14%.

Insider Activity at Tristel

In other Tristel news, insider Matthew (Matt) Giovanni Sassone purchased 3,500 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were purchased at an average price of GBX 310 ($3.99) per share, for a total transaction of £10,850 ($13,969.36). Corporate insiders own 4.89% of the company’s stock.

About Tristel