Tristel (LON:TSTL) Sets New 52-Week Low – Here’s What Happened

Tristel plc (LON:TSTLGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 290 ($3.75) and last traded at GBX 297 ($3.84), with a volume of 195685 shares. The stock had previously closed at GBX 302.50 ($3.91).

Tristel Price Performance

The company has a fifty day simple moving average of GBX 346.44 and a 200-day simple moving average of GBX 385.55. The company has a market cap of £136.15 million, a P/E ratio of 20.86 and a beta of 0.23. The company has a debt-to-equity ratio of 18.09, a current ratio of 3.75 and a quick ratio of 3.83.

Tristel (LON:TSTLGet Free Report) last released its quarterly earnings results on Monday, February 24th. The company reported GBX 8.17 ($0.11) earnings per share for the quarter. Tristel had a return on equity of 20.43% and a net margin of 15.47%. On average, sell-side analysts predict that Tristel plc will post 16.2974684 earnings per share for the current year.

Tristel Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 20th will be issued a GBX 5.68 ($0.07) dividend. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 1.7%. Tristel’s payout ratio is currently 95.14%.

Insider Activity

In related news, insider Matthew (Matt) Giovanni Sassone bought 3,500 shares of the business’s stock in a transaction on Wednesday, March 26th. The stock was bought at an average price of GBX 310 ($4.01) per share, for a total transaction of £10,850 ($14,027.15). 4.89% of the stock is currently owned by corporate insiders.

About Tristel

(Get Free Report)

Recommended Stories

Receive News & Ratings for Tristel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tristel and related companies with MarketBeat.com's FREE daily email newsletter.