Tetragon Financial (LON:TFG) Shares Up 2.1% - Still a Buy?

Key Points

• Tetragon Financial shares increased by 2.1%, reaching a last trading price of GBX 17.05 ($0.23), with a notable volume surge of 21,215 shares traded.
• The company's current market capitalization stands at £1.38 billion, with a P/E ratio of 10.94 and a beta of 0.46, indicating lower volatility compared to the market.
• Tetragon is classified as a closed-ended investment company based in Guernsey, with shares listed on both Euronext Amsterdam and the London Stock Exchange.

Shares of Tetragon Financial (LON:TFG - ) shot up 2.1% on Monday . The company traded as high as GBX 17.05 ($0.23) and last traded at GBX 17.05 ($0.23). 21,215 shares changed hands during trading, an increase of 8% from the average session volume of 19,579 shares. The stock had previously closed at GBX 16.70 ($0.22).

Tetragon Financial Price Performance

The business has a 50-day moving average of GBX 15.75 and a two-hundred day moving average of GBX 15.08. The company has a market cap of £1.38 billion, a P/E ratio of 10.94 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.

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