Tassal Group (ASX:TGR) Shares Pass Below Fifty Day Moving Average of $4.55

Tassal Group Limited (ASX:TGR)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.55 and traded as low as $4.04. Tassal Group shares last traded at $4.06, with a volume of 681,777 shares.

The stock’s fifty day moving average is A$4.51 and its two-hundred day moving average is A$4.81. The company has a current ratio of 4.03, a quick ratio of 0.34 and a debt-to-equity ratio of 32.10. The firm has a market cap of $826.97 million and a P/E ratio of 12.37.

The company also recently announced a Final dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 30th were issued a dividend of $0.09 per share. This represents a yield of 1.99%. The ex-dividend date of this dividend was Tuesday, September 10th. Tassal Group’s dividend payout ratio (DPR) is presently 54.71%.

In other Tassal Group news, insider Mark Ryan 26,675 shares of the business’s stock in a transaction on Monday, August 26th. Also, insider John Watson purchased 9,000 shares of the business’s stock in a transaction on Thursday, August 29th. The stock was bought at an average cost of A$4.37 ($3.10) per share, with a total value of A$39,330.00 ($27,893.62). Insiders have purchased a total of 31,850 shares of company stock worth $139,978 in the last ninety days.

Tassal Group Company Profile (ASX:TGR)

Tassal Group Limited, together with its subsidiaries, engages in the hatching, farming, processing, marketing, and sale of Atlantic salmon in Australia. The company offers fresh deli, fresh salmon, smoked salmon, and canned salmon. It also procures, processes, markets, and sells other seafood species.

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