Tetragon Financial (LON:TFG) Trading Down 1.4%

Tetragon Financial (LON:TFG) dropped 1.4% during mid-day trading on Wednesday . The stock traded as low as GBX 9.80 ($0.12) and last traded at GBX 9.86 ($0.12). Approximately 15,442 shares changed hands during trading, a decline of 1% from the average daily volume of 15,557 shares. The stock had previously closed at GBX 10 ($0.12).

Tetragon Financial Stock Performance

The company has a market cap of £8.06 million, a PE ratio of 6.49 and a beta of 0.46. The company has a debt-to-equity ratio of 8.85, a quick ratio of 6.03 and a current ratio of 1.32. The firm’s 50 day moving average is GBX 9.78 and its 200-day moving average is GBX 9.81.

Tetragon Financial Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 6th were issued a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a yield of 1.13%. 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.