Tetragon Financial (LON:TFG) Sets New 12-Month High – Still a Buy?

Tetragon Financial (LON:TFG) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 1,140 ($14.26) and last traded at GBX 14.10 ($0.18), with a volume of 853 shares trading hands. The stock had previously closed at GBX 13.95 ($0.17).

Tetragon Financial Price Performance

The stock has a market capitalization of £11.45 million, a P/E ratio of 9.22 and a beta of 0.46. The company has a debt-to-equity ratio of 10.63, a quick ratio of 6.03 and a current ratio of 0.53. The firm has a fifty day moving average price of GBX 13.45 and a two-hundred day moving average price of GBX 11.41.

Tetragon Financial Dividend Announcement

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