Braemar (LON:BMS) Stock Passes Above 200-Day Moving Average of $284.04

Braemar Plc (LON:BMS - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 284.04 ($3.69) and traded as high as GBX 299.80 ($3.90). Braemar shares last traded at GBX 297.50 ($3.87), with a volume of 35,972 shares traded.

Braemar Stock Up 0.3 %

The firm's 50-day moving average price is GBX 300.15 and its 200-day moving average price is GBX 284.04. 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 company has a market cap of £90.92 million, a price-to-earnings ratio of 2,288.46 and a beta of 1.16.

Braemar Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, September 9th. Shareholders of record on Thursday, August 1st will be given a GBX 9 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, August 1st. This is a positive change from Braemar's previous dividend of $4.00. This represents a yield of 3.19%. Braemar's dividend payout ratio (DPR) is 10,000.00%.

Insider Buying and Selling

In other Braemar news, insider James Christopher Duchar Gundy bought 10,000 shares of the company's stock in a transaction dated Thursday, August 8th. The shares were acquired at an average cost of GBX 298 ($3.87) per share, with a total value of £29,800 ($38,721.41). In other news, insider Tristram Simmonds sold 12,425 shares of Braemar stock in a transaction dated Monday, July 8th. The shares were sold at an average price of GBX 300 ($3.90), for a total value of £37,275 ($48,434.25). Also, insider James Christopher Duchar Gundy bought 10,000 shares of the firm's stock in a transaction on Thursday, August 8th. The stock was bought at an average price of GBX 298 ($3.87) per share, with a total value of £29,800 ($38,721.41). 51.46% of the stock is currently owned by corporate insiders.

Braemar Company Profile

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Chartering, Investment Advisory, and Risk Advisory. The Chartering segment provides shipbroking services for deep sea tankers, specialized tankers, dry cargo, and offshore; cost-saving solutions; freight consultancy; and a vessel database.