Research analysts at StockNews.com started coverage on shares of Maiden (NASDAQ:MHLD - Get Free Report) in a report released on Saturday. The firm set a "sell" rating on the insurance provider's stock.
Maiden Stock Performance
Shares of MHLD traded up $0.04 during mid-day trading on Friday, reaching $0.61. The company's stock had a trading volume of 130,462 shares, compared to its average volume of 127,553. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.22. The stock has a market cap of $61.05 million, a P/E ratio of -0.94 and a beta of 1.29. Maiden has a 1-year low of $0.56 and a 1-year high of $2.27. The business has a 50-day simple moving average of $0.85 and a two-hundred day simple moving average of $1.30.
Maiden (NASDAQ:MHLD - Get Free Report) last released its quarterly earnings data on Monday, March 10th. The insurance provider reported ($1.53) EPS for the quarter. The company had revenue of ($6.64) million during the quarter. Maiden had a negative net margin of 71.58% and a negative return on equity of 16.55%.
Institutional Investors Weigh In On Maiden
Institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in Maiden during the 4th quarter worth approximately $35,000. Tower Research Capital LLC TRC lifted its holdings in shares of Maiden by 340.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 22,009 shares of the insurance provider's stock worth $37,000 after buying an additional 17,014 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of Maiden in the third quarter valued at about $66,000. SG Americas Securities LLC increased its position in Maiden by 58.5% during the fourth quarter. SG Americas Securities LLC now owns 46,096 shares of the insurance provider's stock worth $78,000 after acquiring an additional 17,017 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Maiden by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 51,664 shares of the insurance provider's stock worth $87,000 after purchasing an additional 11,252 shares in the last quarter. Institutional investors own 21.78% of the company's stock.
Maiden Company Profile
(
Get Free Report)
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis.
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