Maiden (NASDAQ:MHLD) Stock Price Up 7.6%
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%.
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.
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