Tetragon Financial (LON:TFG) Stock Price Down 1.4%

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

Tetragon Financial Trading Down 0.7 %

The company has a current ratio of 1.32, a quick ratio of 6.03 and a debt-to-equity ratio of 8.85. The firm has a 50-day moving average of GBX 9.78 and a 200 day moving average of GBX 9.81. The company has a market cap of £8.06 million, a P/E ratio of 6.44 and a beta of 0.46.

Tetragon Financial Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Wednesday, March 6th were issued a dividend of $0.11 per share. The ex-dividend date was Wednesday, March 6th. This represents a dividend yield of 1.13%. Tetragon Financial’s dividend payout ratio is 2,875.82%.

About Tetragon Financial

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.