Tetragon Financial (LON:TFG) Hits New 12-Month High - Still a Buy?

Key Points

• Tetragon Financial's stock reached a new 52-week high of GBX 17.65 ($0.24) on Friday, reflecting a gain of 1.8% from a previous close of GBX 17.35 ($0.23).
• The company has a market capitalization of £1.43 billion and a P/E ratio of 11.33, indicating a relatively low valuation in the market.
• Tetragon is primarily a closed-ended investment company based in Guernsey and trades on both Euronext Amsterdam and the London Stock Exchange.

Shares of Tetragon Financial (LON:TFG - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 17.65 ($0.24) and last traded at GBX 17.65 ($0.24), with a volume of 2108 shares. The stock had previously closed at GBX 17.35 ($0.23).

Tetragon Financial Stock Up 2.6%

The business has a 50-day moving average price of GBX 16.02 and a 200-day moving average price of GBX 15.12. The firm has a market capitalization of £1.45 billion, a price-to-earnings ratio of 11.42 and a beta of 0.46.

Tetragon Financial Company Profile

Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial Management LP.