TotalEnergies (LON:TTE) Sets New 52-Week Low – Should You Sell?

TotalEnergies SE (LON:TTE) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 55.45 ($0.71) and last traded at GBX 56.53 ($0.73), with a volume of 4182052 shares traded. The stock had previously closed at GBX 57.20 ($0.74).

TotalEnergies Stock Down 2.7 %

The business has a 50-day moving average of GBX 60.29 and a 200-day moving average of GBX 62.65. The company has a debt-to-equity ratio of 45.21, a quick ratio of 0.52 and a current ratio of 1.12. The stock has a market capitalization of £1.27 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 11.25 and a beta of 0.74.

TotalEnergies Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th will be issued a dividend of €0.79 ($0.84) per share. The ex-dividend date of this dividend is Wednesday, March 26th. This represents a yield of 1.37%. TotalEnergies’s payout ratio is 3,906.06%.

About TotalEnergies

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.