Tetragon Financial (LON:TFG) Trading Down 1.4%

Tetragon Financial (LON:TFG) shares dropped 1.4% on Wednesday . The company traded as low as GBX 9.80 ($0.12) and last traded at GBX 9.86 ($0.12). Approximately 15,442 shares were traded 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 Price Performance

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 stock has a market capitalization of £8.06 million, a PE ratio of 6.49 and a beta of 0.46. The firm has a 50 day moving average price of GBX 9.78 and a 200 day moving average price of GBX 9.81.

Tetragon Financial Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, April 3rd. Investors of record on Wednesday, March 6th were issued a $0.11 dividend. This represents a dividend yield of 1.13%. The ex-dividend date was Wednesday, March 6th. Tetragon Financial’s 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.