Tassal Group (ASX:TGR) Shares Pass Below 50-Day Moving Average of $4.55

Tassal Group Limited (ASX:TGR) passed below its 50 day moving average during trading on Thursday . The stock has a 50 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 changing hands.

The company has a debt-to-equity ratio of 32.10, a quick ratio of 0.34 and a current ratio of 4.03. The stock’s 50-day moving average is A$4.55 and its 200 day moving average is A$4.82. The stock has a market capitalization of $824.94 million and a PE ratio of 12.34.

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

In other Tassal Group news, insider Mark Ryan 26,675 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. Also, insider John Watson purchased 18,350 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were acquired at an average price of A$4.45 ($3.16) per share, with a total value of A$81,657.50 ($57,913.12). Insiders purchased a total of 31,850 shares of company stock worth $139,978 over the last ninety days.

About Tassal Group (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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