Tufton Oceanic Assets (LON:SHIP) Trading Up 0.9% – Here’s Why

Shares of Tufton Oceanic Assets (LON:SHIPGet Free Report) shot up 0.9% during trading on Friday . The stock traded as high as GBX 1.17 and last traded at GBX 1.16. 196,619 shares changed hands during mid-day trading, an increase of 9% from the average session volume of 180,068 shares. The stock had previously closed at GBX 1.15.

Tufton Oceanic Assets Price Performance

The stock has a market capitalization of £3.10 million, a price-to-earnings ratio of -0.09 and a beta of 0.40. The firm has a 50 day simple moving average of GBX 1.15 and a 200-day simple moving average of GBX 1.13.

About Tufton Oceanic Assets

(Get Free Report)

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. The Company is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “SHIP”, its Class A warrants under “SHIPW” and its Class B warrants under “SHIPZ”.

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