Tristel (LON:TSTL) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Tristel plc (LON:TSTL) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 375.68 ($4.97) and traded as low as GBX 305 ($4.04). Tristel shares last traded at GBX 325 ($4.30), with a volume of 73,552 shares trading hands.

Tristel Stock Performance

The company has a 50 day moving average of GBX 327.06 and a two-hundred day moving average of GBX 375.68. The company has a debt-to-equity ratio of 18.09, a current ratio of 3.75 and a quick ratio of 3.83. The company has a market capitalization of £155.25 million, a PE ratio of 23.79 and a beta of 0.23.

Tristel (LON:TSTL) last released its earnings results on Monday, February 24th. The company reported GBX 8.17 ($0.11) earnings per share for the quarter. Tristel had a net margin of 15.47% and a return on equity of 20.43%. As a group, equities research analysts predict that Tristel plc will post 16.2974684 earnings per share for the current year.

Tristel Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, March 20th were paid a dividend of GBX 5.68 ($0.08) per share. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, March 20th. Tristel’s dividend payout ratio is 95.14%.

Insider Buying and Selling

In other news, insider Matthew (Matt) Giovanni Sassone bought 3,500 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was acquired at an average cost of GBX 310 ($4.10) per share, with a total value of £10,850 ($14,359.45). 4.89% of the stock is currently owned by company insiders.

About Tristel