Braemar (LON:BMS) Shares Cross Above 200 Day Moving Average of $281.16

Braemar Plc (LON:BMSGet Rating) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 281.16 ($3.32) and traded as high as GBX 325 ($3.84). Braemar shares last traded at GBX 322.50 ($3.81), with a volume of 103,101 shares changing hands.

Braemar Price Performance

The company has a 50 day moving average price of GBX 299.57 and a 200 day moving average price of GBX 281.51. The firm has a market cap of £106.20 million and a PE ratio of 1,083.80. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 35.42.

Braemar Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, January 4th. Stockholders of record on Thursday, November 24th will be paid a dividend of GBX 4 ($0.05) per share. This represents a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, November 24th. Braemar’s dividend payout ratio (DPR) is 23.33%.

Insider Transactions at Braemar

In related news, insider Tristram Simmonds sold 30,742 shares of the company’s stock in a transaction that occurred on Wednesday, August 31st. The stock was sold at an average price of GBX 329 ($3.89), for a total value of £101,141.18 ($119,594.63).

About Braemar

(Get Rating)

Braemar Plc provides shipbroking, and financial advisory services in the United Kingdom, Singapore, the United States, Australia, Germany, and internationally. It operates in two segments: Shipbroking and Financial. The Shipbroking segment is involved in the tanker and dry cargo charter broking, sale and purchase broking, offshore broking and consultancy, and commodity and commodity derivatives.

See Also

Receive News & Ratings for Braemar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braemar and related companies with MarketBeat.com's FREE daily email newsletter.