Tristel (LON:TSTL) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Tristel plc (LON:TSTL) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 437.83 ($5.56) and traded as low as GBX 430 ($5.46). Tristel shares last traded at GBX 438 ($5.56), with a volume of 56,263 shares trading hands.

Tristel Trading Down 0.3 %

The firm has a market cap of £208.09 million, a P/E ratio of 3,369.23 and a beta of 0.23. The company’s 50 day moving average is GBX 403.16 and its two-hundred day moving average is GBX 437.83. The company has a debt-to-equity ratio of 19.12, a current ratio of 4.92 and a quick ratio of 3.83.

Tristel Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 28th will be given a GBX 8.28 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 2.1%. This is an increase from Tristel’s previous dividend of $5.24. Tristel’s dividend payout ratio (DPR) is currently 10,000.00%.

Insider Transactions at Tristel

In other news, insider Elizabeth Dixon sold 50,000 shares of Tristel stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of GBX 397 ($5.04), for a total transaction of £198,500 ($251,903.55). 4.89% of the stock is owned by insiders.

Tristel Company Profile

Tristel plc develops, manufactures, and sells infection prevention products in the United Kingdom and internationally. The company operates through three segments: Hospital Medical Device Decontamination, Hospital Environmental Surface Disinfection, and Other. It offers medical instrument disinfection products, including airway management, cardiology, ear, nose and throat, endoscopy, gastrointestinal physiology, laboratory, ophthalmology, phlebotomy, reproductive health/IVF, surface, ultrasound, urology, women's health, and other products under the Tristel brand.