Tristel (LON:TSTL) Reaches New 52-Week Low – Here’s Why

Tristel plc (LON:TSTL) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 290 ($3.75) and last traded at GBX 297 ($3.84), with a volume of 195685 shares. The stock had previously closed at GBX 302.50 ($3.91).

Tristel Stock Down 1.8 %

The company’s fifty day simple moving average is GBX 350.93 and its 200 day simple moving average is GBX 387.51. The company has a quick ratio of 3.83, a current ratio of 3.75 and a debt-to-equity ratio of 18.09. The firm has a market capitalization of £141.88 million, a PE ratio of 21.74 and a beta of 0.23.

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

Tristel Cuts Dividend

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

Insider Buying and Selling

In related news, insider Matthew (Matt) Giovanni Sassone bought 3,500 shares of the business’s stock in a transaction dated Wednesday, March 26th. The shares were purchased at an average cost of GBX 310 ($4.01) per share, with a total value of £10,850 ($14,028.96). 4.89% of the stock is owned by company insiders.

Tristel Company Profile