Tufton Oceanic Assets (LON:SHIP) Reaches New 12-Month Low - What's Next?

Tufton Oceanic Assets (LON:SHIP - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 1 ($0.01) and last traded at GBX 1 ($0.01), with a volume of 148023 shares changing hands. The stock had previously closed at GBX 1.04 ($0.01).

Tufton Oceanic Assets Stock Down 0.2 %

The company has a market capitalization of £274.89 million, a P/E ratio of 3.95 and a beta of 0.40. The firm's 50-day moving average price is GBX 1.13 and its 200 day moving average price is GBX 1.20.

Tufton Oceanic Assets Announces Dividend

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

Tufton Oceanic Assets Company Profile

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.