Tristel (LON:TSTL) Shares Cross Above 50-Day Moving Average – Here’s Why

Tristel plc (LON:TSTL) passed 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 Trading Up 1.2 %

The firm has a market cap of £202.51 million, a PE ratio of 3,269.23 and a beta of 0.23. The business has a 50-day moving average price of GBX 410.34 and a two-hundred day moving average price of GBX 431.79. 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 firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 28th were given a GBX 8.28 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 2.1%. This is an increase from Tristel’s previous dividend of $5.24. Tristel’s payout ratio is currently 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.