Maiden Holdings, Ltd. (NASDAQ:MHLD) shares rose 7.6% during trading on Wednesday . The company traded as high as $0.56 and last traded at $0.56, approximately 313,515 shares were traded during trading. A decline of 48% from the average daily volume of 603,699 shares. The stock had previously closed at $0.52.

The company has a 50-day moving average price of $0.53 and a two-hundred day moving average price of $0.68. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 2.03.

Maiden (NASDAQ:MHLD) last posted its earnings results on Monday, August 12th. The insurance provider reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.41). The company had revenue of $165.86 million during the quarter. Maiden had a negative net margin of 42.41% and a negative return on equity of 308.89%.

A number of institutional investors have recently added to or reduced their stakes in the stock. OneAscent Financial Services LLC acquired a new position in Maiden in the 2nd quarter worth $28,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Maiden by 2,569.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 49,376 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 47,526 shares in the last quarter. A.R.T. Advisors LLC grew its stake in shares of Maiden by 41.2% during the second quarter. A.R.T. Advisors LLC now owns 86,710 shares of the insurance provider’s stock valued at $55,000 after acquiring an additional 25,292 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Maiden by 118.2% during the fourth quarter. Bank of America Corp DE now owns 93,975 shares of the insurance provider’s stock valued at $155,000 after acquiring an additional 50,915 shares in the last quarter. Finally, Clear Harbor Asset Management LLC purchased a new stake in shares of Maiden during the second quarter worth about $121,000. 37.63% of the stock is currently owned by hedge funds and other institutional investors.

Maiden Company Profile (NASDAQ:MHLD)

Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to retail clients.

Featured Article: What are trading strategies for the 52-week high/low?

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