Braemar Plc (LON:BMS - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 235 ($2.95) and last traded at GBX 235 ($2.95), with a volume of 9629 shares traded. The stock had previously closed at GBX 238.76 ($3.00).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 410 ($5.14) price target on shares of Braemar in a research note on Thursday, September 19th.
Read Our Latest Report on BMS
Braemar Stock Performance
The firm has a market capitalization of £71.82 million, a P/E ratio of 1,807.69 and a beta of 1.17. The company has a debt-to-equity ratio of 43.61, a current ratio of 1.42 and a quick ratio of 1.23. The firm has a 50-day moving average price of GBX 253.10 and a two-hundred day moving average price of GBX 280.01.
Braemar Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, January 13th. Shareholders of record on Thursday, November 21st will be given a GBX 4.50 ($0.06) dividend. The ex-dividend date is Thursday, November 21st. This represents a yield of 1.7%. Braemar's dividend payout ratio (DPR) is 10,000.00%.
Insiders Place Their Bets
In other news, insider James Christopher Duchar Gundy bought 10,000 shares of the stock in a transaction on Thursday, November 21st. The stock was acquired at an average cost of GBX 246 ($3.09) per share, for a total transaction of £24,600 ($30,865.75). Insiders own 46.79% of the company's stock.
About Braemar
(
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Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.
Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers' needs, and provide an integrated service supported by a collaborative culture.
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