Tufton Oceanic Assets (LON:SHIP) Trading Down 1.3% - Here's What Happened

Tufton Oceanic Assets (LON:SHIP - Get Free Report)'s stock price was down 1.3% on Wednesday . The company traded as low as GBX 1.16 ($0.01) and last traded at GBX 1.16 ($0.01). Approximately 338,865 shares were traded during trading, an increase of 24% from the average daily volume of 273,050 shares. The stock had previously closed at GBX 1.17 ($0.01).

Tufton Oceanic Assets Price Performance

The stock has a market capitalization of £311.80 million, a PE ratio of 4.48 and a beta of 0.40. The business's fifty day moving average price is GBX 1.19 and its 200-day moving average price is GBX 1.25.

Tufton Oceanic Assets Dividend Announcement

The business also recently announced a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, January 30th will be paid 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 currently 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.