Braemar Shipping Services (LON:BMS) Share Price Passes Above 200-Day Moving Average of $0.00

Braemar Shipping Services plc (LON:BMS)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $200.00. Braemar Shipping Services shares last traded at $200.00, with a volume of 10,387 shares traded.

Separately, Shore Capital reiterated a “house stock” rating on shares of Braemar Shipping Services in a research report on Monday, June 24th.

The company has a current ratio of 0.72, a quick ratio of 0.55 and a debt-to-equity ratio of 44.97. The firm has a market cap of $62.87 million and a PE ratio of -2.26. The business has a 50-day moving average price of GBX 185.50.

The company also recently disclosed a dividend, which was paid on Friday, July 26th. Stockholders of record on Thursday, June 20th were given a GBX 10 ($0.13) dividend. This is a positive change from Braemar Shipping Services’s previous dividend of $5.00. This represents a dividend yield of 5%. The ex-dividend date was Thursday, June 20th. Braemar Shipping Services’s dividend payout ratio (DPR) is -0.17%.

In other news, insider Steve Kunzer acquired 10,000 shares of the business’s stock in a transaction dated Friday, July 5th. The stock was bought at an average cost of GBX 180 ($2.35) per share, for a total transaction of £18,000 ($23,520.19).

Braemar Shipping Services Company Profile (LON:BMS)

Braemar Shipping Services plc provides shipbroking, technical, and logistics services to the shipping, marine, energy, offshore, and insurance industries. Its Shipbroking segment is involved in the tanker chartering for crude oil, clean petroleum products, liquefied petrochemical gas, liquefied natural gas, specialized tankers, and time charter projects; second-hand purchase and sale, new building, recycling, and valuating; dry bulk chartering; offshore chartering, sale, and purchase; and the provision of research and consulting services.

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