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

Tristel plc (LON:TSTL) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 438.78 ($5.65) and traded as low as GBX 425.70 ($5.48). Tristel shares last traded at GBX 435 ($5.60), with a volume of 26,712 shares trading hands.

Tristel Stock Performance

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 stock’s 50 day simple moving average is GBX 403.70 and its two-hundred day simple moving average is GBX 438.78. The company has a market capitalization of £216.09 million, a P/E ratio of 3,346.15 and a beta of 0.23.

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 issued a dividend of GBX 8.28 ($0.11) per share. This is an increase from Tristel’s previous dividend of $5.24. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 2.1%. Tristel’s dividend payout ratio is currently 10,000.00%.

Insider Buying and Selling at Tristel

In other news, insider Elizabeth Dixon sold 50,000 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of GBX 397 ($5.11), for a total transaction of £198,500 ($255,436.88). 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.