Braemar (LON:BMS) Sets New 1-Year Low - Here's What Happened

Braemar Plc (LON:BMS - Get Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 225 ($2.90) and last traded at GBX 225 ($2.90), with a volume of 30012 shares trading hands. The stock had previously closed at GBX 230 ($2.97).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group dropped their target price on shares of Braemar from GBX 380 ($4.90) to GBX 350 ($4.51) and set a "buy" rating on the stock in a research report on Monday, March 24th.

Braemar Trading Down 1.8 %

The company has a quick ratio of 1.23, a current ratio of 1.42 and a debt-to-equity ratio of 43.61. The firm has a market capitalization of £70.99 million, a price-to-earnings ratio of 14.30 and a beta of 1.17. The business has a 50-day moving average of GBX 251.63 and a two-hundred day moving average of GBX 257.48.

Braemar Company Profile

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.