Taylor Maritime Investments (LON:TMIP) Shares Down 3.1% - Time to Sell?

Taylor Maritime Investments Limited (LON:TMIP - Get Free Report) fell 3.1% during mid-day trading on Thursday . The stock traded as low as GBX 59.60 ($0.77) and last traded at GBX 59.60 ($0.77). 51,318 shares traded hands during trading, a decline of 68% from the average session volume of 158,155 shares. The stock had previously closed at GBX 61.50 ($0.79).

Taylor Maritime Investments Stock Up 3.4 %

The firm's 50 day simple moving average is GBX 66.16 and its two-hundred day simple moving average is GBX 73.08. The stock has a market capitalization of £195.06 million, a P/E ratio of -4.24 and a beta of 0.54.

Taylor Maritime Investments Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 6th were issued a dividend of $0.06 per share. This is an increase from Taylor Maritime Investments's previous dividend of $0.02. The ex-dividend date was Thursday, February 6th. This represents a dividend yield of 6.9%.

Insider Buying and Selling at Taylor Maritime Investments

In other news, insider Rebecca Brosnan acquired 50,000 shares of Taylor Maritime Investments stock in a transaction on Thursday, February 13th. The stock was acquired at an average cost of GBX 66 ($0.85) per share, with a total value of £33,000 ($42,613.64). Also, insider Edward Buttery bought 12,500 shares of the company's stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of GBX 77 ($0.99) per share, for a total transaction of £9,625 ($12,428.98). Insiders own 24.57% of the company's stock.

Taylor Maritime Investments Company Profile

Taylor Maritime Investments Limited, an investment company, engages in the acquisition, management, and operation of dry bulk ships. It also operates a fleet of Geared Handysize, Supramaxm and Ultramax vessels. The company was founded in 2014 and is based in Saint Peter Port, the United Kingdom.