Tristel (LON:TSTL) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Tristel plc (LON:TSTL) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 410.34 ($5.16) and traded as high as GBX 427.50 ($5.38). Tristel shares last traded at GBX 425 ($5.35), with a volume of 29,237 shares trading hands.

Tristel Stock Performance

The stock has a market cap of £202.51 million, a price-to-earnings ratio of 3,269.23 and a beta of 0.23. The company’s 50-day simple moving average is GBX 410.34 and its 200-day simple moving average is GBX 431.79. The company has a quick ratio of 3.83, a current ratio of 4.92 and a debt-to-equity ratio of 19.12.

Tristel Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 28th were given a GBX 8.28 ($0.10) dividend. This is a positive change from Tristel’s previous dividend of $5.24. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 2.1%. Tristel’s dividend payout ratio (DPR) is 10,000.00%.

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.