Tetragon Financial (LON:TFG) Stock Price Down 1.4% – What’s Next?

Tetragon Financial (LON:TFG) fell 1.4% during mid-day trading on Thursday . The company traded as low as GBX 13.80 ($0.17) and last traded at GBX 13.80 ($0.17). 642 shares were traded during trading, a decline of 96% from the average session volume of 14,339 shares. The stock had previously closed at GBX 14 ($0.17).

Tetragon Financial Price Performance

The company has a quick ratio of 6.03, a current ratio of 0.53 and a debt-to-equity ratio of 10.63. The firm’s 50-day moving average is GBX 13.38 and its 200-day moving average is GBX 11.36. The company has a market capitalization of £11.21 million, a PE ratio of 9.02 and a beta of 0.46.

Tetragon Financial Announces Dividend

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