Tristel (LON:TSTL) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Tristel plc (LON:TSTL) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 440.27 ($5.71) and traded as low as GBX 420 ($5.45). Tristel shares last traded at GBX 420 ($5.45), with a volume of 21,774 shares changing hands.

Tristel Stock Performance

The firm’s fifty day simple moving average is GBX 409.63 and its 200 day simple moving average is GBX 440.27. The company has a market capitalization of £200.13 million, a price-to-earnings ratio of 3,230.77 and a beta of 0.23. The company has a debt-to-equity ratio of 19.12, a current ratio of 4.92 and a quick ratio of 3.83.

Tristel Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 8.28 ($0.11) per share. This represents a yield of 2.1%. This is a boost from Tristel’s previous dividend of $5.24. The ex-dividend date is Thursday, November 28th. Tristel’s payout ratio is presently 10,000.00%.

Insider Activity

In other news, insider Elizabeth Dixon sold 50,000 shares of Tristel stock in a transaction on Thursday, September 19th. The stock was sold at an average price of GBX 397 ($5.15), for a total transaction of £198,500 ($257,424.46). Corporate insiders own 4.89% of the company’s stock.

About Tristel

Tristel plc develops, manufactures, and sells infection prevention products in the United Kingdom and internationally. The company operates through three segments: Hospital Medical Device Decontamination, Hospital Environmental Surface Disinfection, and Other. It offers medical instrument disinfection products, including airway management, cardiology, ear, nose and throat, endoscopy, gastrointestinal physiology, laboratory, ophthalmology, phlebotomy, reproductive health/IVF, surface, ultrasound, urology, women's health, and other products under the Tristel brand.