Braemar Plc (LON:BMS - Get Free Report) fell 10.7% during trading on Friday . The company traded as low as GBX 247.66 ($3.24) and last traded at GBX 247.91 ($3.24). 131,013 shares changed hands during mid-day trading, an increase of 97% from the average session volume of 66,466 shares. The stock had previously closed at GBX 277.50 ($3.63).
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 410 ($5.37) price target on shares of Braemar in a report on Thursday, September 19th.
Check Out Our Latest Analysis on BMS
Braemar Trading Down 5.9 %
The stock has a market cap of £79.76 million, a P/E ratio of 2,061.54 and a beta of 1.17. The company has a current ratio of 1.42, a quick ratio of 1.23 and a debt-to-equity ratio of 43.61. The company has a 50-day moving average price of GBX 294.26 and a two-hundred day moving average price of GBX 289.93.
Insider Activity
In related news, insider James Christopher Duchar Gundy bought 10,000 shares of the business's stock in a transaction dated Thursday, August 8th. The shares were purchased at an average price of GBX 298 ($3.90) per share, with a total value of £29,800 ($39,000.13). Corporate insiders own 46.79% of the company's stock.
Braemar Company Profile
(
Get Free Report)
Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Investment Advisory, Chartering, 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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