Tufton Oceanic Assets (LON:SHIP) Sets New 52-Week High – Here’s Why

Shares of Tufton Oceanic Assets (LON:SHIP) hit a new 52-week high on Friday . The company traded as high as GBX 1.21 and last traded at GBX 1.19, with a volume of 53224992 shares trading hands. The stock had previously closed at GBX 1.19.

Tufton Oceanic Assets Price Performance

The firm has a market capitalization of £3.17 million, a P/E ratio of -0.09 and a beta of 0.40. The stock’s fifty day simple moving average is GBX 1.16 and its 200 day simple moving average is GBX 1.14.

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. 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”.