StockNews.com upgraded shares of Maiden (NASDAQ:MHLD - Free Report) to a sell rating in a research report released on Thursday.
Maiden Trading Up 0.2 %
NASDAQ:MHLD traded up $0.00 during trading hours on Thursday, hitting $0.70. 328,203 shares of the company were exchanged, compared to its average volume of 124,079. The company has a fifty day simple moving average of $0.94 and a 200 day simple moving average of $1.36. Maiden has a one year low of $0.67 and a one year high of $2.27. The stock has a market capitalization of $68.86 million, a price-to-earnings ratio of -1.07 and a beta of 1.29. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.22.
Maiden (NASDAQ:MHLD - Get Free Report) last posted its quarterly earnings data on Monday, March 10th. The insurance provider reported ($1.53) EPS for the quarter. Maiden had a negative return on equity of 16.55% and a negative net margin of 71.58%. The company had revenue of ($6.64) million during the quarter.
Institutional Trading of Maiden
Institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Maiden in the 4th quarter worth about $35,000. Tower Research Capital LLC TRC increased its holdings in Maiden by 340.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 22,009 shares of the insurance provider's stock worth $37,000 after purchasing an additional 17,014 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in Maiden in the third quarter worth approximately $66,000. SG Americas Securities LLC lifted its stake in Maiden by 58.5% in the fourth quarter. SG Americas Securities LLC now owns 46,096 shares of the insurance provider's stock valued at $78,000 after buying an additional 17,017 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of Maiden by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 51,664 shares of the insurance provider's stock worth $87,000 after buying an additional 11,252 shares in the last quarter. Institutional investors own 21.78% of the company's stock.
Maiden Company Profile
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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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