Tristel (LON:TSTL) Trading Up 3.3% – Time to Buy?

Tristel plc (LON:TSTL)’s stock price rose 3.3% on Thursday . The company traded as high as GBX 404.95 ($5.13) and last traded at GBX 395 ($5.01). Approximately 46,028 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 66,706 shares. The stock had previously closed at GBX 382.50 ($4.85).

Tristel Trading Up 3.3 %

The company has a debt-to-equity ratio of 19.12, a current ratio of 4.92 and a quick ratio of 3.83. The firm has a market cap of £188.22 million, a price-to-earnings ratio of 3,038.46 and a beta of 0.23. The business’s 50-day moving average price is GBX 403.86 and its two-hundred day moving average price is GBX 433.72.

Tristel Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 8.28 ($0.10) per share. This represents a dividend yield of 2.1%. The ex-dividend date is Thursday, November 28th. This is a positive change from Tristel’s previous dividend of $5.24. Tristel’s dividend payout ratio is currently 10,000.00%.

Insider Transactions at Tristel

In related news, insider Elizabeth Dixon sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of GBX 397 ($5.03), for a total value of £198,500 ($251,616.17). Insiders own 4.89% of the company’s stock.

Tristel Company Profile

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.