Tetragon Financial (LON:TFG) Sets New 52-Week High – Should You Buy?

Tetragon Financial (LON:TFG) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 11.45 ($0.15) and last traded at GBX 11 ($0.14), with a volume of 81825 shares trading hands. The stock had previously closed at GBX 10.02 ($0.13).

Tetragon Financial Trading Up 9.8 %

The company has a 50 day moving average of GBX 10.02 and a 200 day moving average of GBX 10.06. 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 stock has a market capitalization of £8.93 million, a price-to-earnings ratio of 7.19 and a beta of 0.46.

Tetragon Financial Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 30th. Investors of record on Monday, August 5th were paid a $0.11 dividend. This represents a yield of 1.07%. The ex-dividend date of this dividend was Monday, August 5th. 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.