Braemar Plc (LON:BMS - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 285.48 ($3.75) and traded as high as GBX 301 ($3.96). Braemar shares last traded at GBX 299.50 ($3.94), with a volume of 43,260 shares trading hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group began coverage on shares of Braemar in a research note on Wednesday, August 28th. They set a "buy" rating and a GBX 410 ($5.39) price target for the company.
View Our Latest Report on BMS
Braemar Stock Down 0.5 %
The company has a market cap of £91.07 million, a price-to-earnings ratio of 2,292.31 and a beta of 1.16. The company has a debt-to-equity ratio of 43.61, a quick ratio of 1.23 and a current ratio of 1.42. The stock's fifty day moving average is GBX 301.35 and its two-hundred day moving average is GBX 285.68.
Insiders Place Their Bets
In related news, insider James Christopher Duchar Gundy purchased 10,000 shares of the firm's stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average price of GBX 298 ($3.92) per share, for a total transaction of £29,800 ($39,184.75). In related news, insider Tristram Simmonds sold 12,425 shares of the stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of GBX 300 ($3.94), for a total transaction of £37,275 ($49,013.81). Also, insider James Christopher Duchar Gundy bought 10,000 shares of the firm's stock in a transaction dated Thursday, August 8th. The shares were acquired at an average cost of GBX 298 ($3.92) per share, with a total value of £29,800 ($39,184.75). Corporate insiders own 51.46% of the company's stock.
Braemar Company Profile
(
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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.
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