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Tetragon Financial (LON:TFG) Trading 0.4% Higher - What's Next?

Tetragon Financial logo with Financial Services background
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Key Points

  • Tetragon Financial (LON:TFG) rose 0.4% to GBX 14.05 mid-day, but trading volume plunged to about 355 shares — roughly a 97% decline from its average daily volume of 11,140.
  • The stock is trading below its 50-day (GBX 14.96) and 200-day (GBX 17.16) moving averages; the company has a market cap of £11.7M, a P/E of 0.02, a high debt-to-equity ratio of 8.99, and strong liquidity (current ratio 4.21, quick ratio 6.03).
  • Tetragon is a Guernsey closed-ended investment company with non-voting shares listed on Euronext Amsterdam and traded on the London Stock Exchange Specialist Fund Segment, managed by Tetragon Financial Management LP.
  • MarketBeat previews the top five stocks to own by May 1st.

Tetragon Financial (LON:TFG - Get Free Report) rose 0.4% during mid-day trading on Monday . The company traded as high as GBX 14.05 and last traded at GBX 14.05. Approximately 355 shares changed hands during trading, a decline of 97% from the average daily volume of 11,140 shares. The stock had previously closed at GBX 14.

Tetragon Financial Trading Up 0.4%

The company's fifty day moving average price is GBX 14.96 and its two-hundred day moving average price is GBX 17.16. The company has a current ratio of 4.21, a quick ratio of 6.03 and a debt-to-equity ratio of 8.99. The firm has a market cap of £11.70 million, a P/E ratio of 0.02 and a beta of 0.46.

About Tetragon Financial

(Get Free Report)

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. Find out more at www.tetragoninv.com.

Further Reading

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