Maiden Holdings, Ltd. (NASDAQ:MHLD - Get Free Report) shares traded down 2.6% during mid-day trading on Wednesday . The stock traded as low as $1.50 and last traded at $1.51. 131,851 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 132,566 shares. The stock had previously closed at $1.55.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut Maiden from a "hold" rating to a "sell" rating in a research report on Monday, August 12th.
Read Our Latest Research Report on Maiden
Maiden Stock Down 0.7 %
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 firm has a market cap of $148.98 million, a price-to-earnings ratio of -2.31 and a beta of 1.22. The firm's 50 day simple moving average is $1.68 and its two-hundred day simple moving average is $1.82.
Maiden (NASDAQ:MHLD - Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The insurance provider reported ($0.16) earnings per share for the quarter. The business had revenue of $18.28 million during the quarter. Maiden had a negative net margin of 71.58% and a negative return on equity of 16.55%.
Institutional Trading of Maiden
Institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC increased its position in shares of Maiden by 98.4% in the third quarter. SG Americas Securities LLC now owns 29,079 shares of the insurance provider's stock worth $51,000 after purchasing an additional 14,422 shares during the period. RPOA Advisors Inc. acquired a new stake in Maiden during the second quarter worth about $63,000. The Manufacturers Life Insurance Company bought a new position in Maiden in the 3rd quarter valued at about $66,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Maiden in the 3rd quarter valued at approximately $114,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Maiden by 11.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 66,450 shares of the insurance provider's stock worth $150,000 after acquiring an additional 6,645 shares during the period. 21.78% of the stock is currently owned by institutional investors.
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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