StockNews.com began coverage on shares of Maiden (NASDAQ:MHLD - Free Report) in a report published on Tuesday. The brokerage issued a sell rating on the insurance provider's stock.
Maiden Price Performance
NASDAQ MHLD traded up $0.09 during midday trading on Tuesday, hitting $1.00. The company had a trading volume of 168,855 shares, compared to its average volume of 130,734. The company has a market capitalization of $99.49 million, a PE ratio of -1.54 and a beta of 1.60. Maiden has a twelve month low of $0.55 and a twelve month high of $2.27. 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 50-day moving average price of $0.82 and a 200-day moving average price of $1.26.
Maiden (NASDAQ:MHLD - Get Free Report) last posted its quarterly earnings results 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 Trading of Maiden
Several large investors have recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in Maiden by 26.7% during the fourth quarter. Bank of America Corp DE now owns 83,451 shares of the insurance provider's stock worth $141,000 after purchasing an additional 17,565 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Maiden by 340.6% during the 4th 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. Barclays PLC lifted its position in shares of Maiden by 14.4% during the 4th quarter. Barclays PLC now owns 132,439 shares of the insurance provider's stock worth $223,000 after buying an additional 16,699 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Maiden in the fourth quarter valued at about $35,000. Finally, Wells Fargo & Company MN boosted its stake in Maiden by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 51,664 shares of the insurance provider's stock valued at $87,000 after buying an additional 11,252 shares in the last quarter. Institutional investors and hedge funds 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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