Triple Point Energy Transition (LON:TENT) Shares Down 0.7% – What’s Next?

Posted by ABMN Staff on Nov 2nd, 2024

Shares of Triple Point Energy Transition (LON:TENT – Get Free Report) were down 0.7% during mid-day trading on Friday . The company traded as low as GBX 44.76 ($0.58) and last traded at GBX 45.85 ($0.59). Approximately 48,000 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 440,172 shares. The stock had previously closed at GBX 46.15 ($0.60).

Triple Point Energy Transition Trading Down 0.7 %

The company has a 50 day simple moving average of GBX 54.77 and a two-hundred day simple moving average of GBX 61.81. The firm has a market capitalization of £45.85 million, a P/E ratio of -655.00 and a beta of 0.27.

Triple Point Energy Transition Increases Dividend

The business also recently declared a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 19th were issued a GBX 25 ($0.32) dividend. This represents a yield of 36.13%. The ex-dividend date was Thursday, September 19th. This is a positive change from Triple Point Energy Transition’s previous dividend of $1.38. Triple Point Energy Transition’s payout ratio is presently -8,571.43%.

Triple Point Energy Transition Company Profile

(Get Free Report)

Triple Point Energy Transition plc invests in the energy sector in the United Kingdom and rest of Europe. The company was formerly known as Triple Point Energy Efficiency Infrastructure Company plc and changed its name to Triple Point Energy Transition plc in August 2022. The company was incorporated in 2020 and is based in London, the United Kingdom.