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Tristel (LON:TSTL) Stock Price Crosses Below Two Hundred Day Moving Average - Here's Why

Tristel logo with Medical background

Tristel plc (LON:TSTL - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 437.83 ($5.56) and traded as low as GBX 430 ($5.46). Tristel shares last traded at GBX 438 ($5.56), with a volume of 56,263 shares traded.

Tristel Price Performance

The company has a market cap of £208.47 million, a price-to-earnings ratio of 3,359.23 and a beta of 0.23. The company has a debt-to-equity ratio of 19.12, a quick ratio of 3.83 and a current ratio of 4.92. The company has a 50-day simple moving average of GBX 403.16 and a 200-day simple moving average of GBX 437.83.

Tristel Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 28th will be issued a GBX 8.28 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 2.1%. This is a boost from Tristel's previous dividend of $5.24. Tristel's dividend payout ratio is currently 10,000.00%.

Insider Buying and Selling

In related news, insider Elizabeth Dixon sold 50,000 shares of the company's stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of GBX 397 ($5.04), for a total value of £198,500 ($251,903.55). Insiders own 4.89% of the company's stock.

About Tristel

(Get Free Report)

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.

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