Tufton Oceanic Assets (LON:SHIP) Sets New 1-Year Low - Time to Sell?

Tufton Oceanic Assets (LON:SHIP - Get Free Report)'s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 85 ($1.09) and last traded at GBX 1.12 ($0.01), with a volume of 73967 shares. The stock had previously closed at GBX 1.14 ($0.01).

Tufton Oceanic Assets Price Performance

The company has a 50-day moving average of GBX 1.15 and a two-hundred day moving average of GBX 1.21. The company has a market capitalization of £275.96 million, a PE ratio of 3.96 and a beta of 0.40.

Tufton Oceanic Assets Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, January 30th will be issued a $0.03 dividend. This represents a yield of 2.1%. The ex-dividend date of this dividend is Thursday, January 30th. Tufton Oceanic Assets's dividend payout ratio is 3,841.56%.

About Tufton Oceanic Assets

Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the US. Seanergy provides marine dry bulk transportation services through a fleet of 11 Capesize vessels with an average age of about 12 years and aggregate cargo carrying capacity of approximately 1,926,117 dwt.