Braemar (LON:BMS) Stock Price Passes Above 200-Day Moving Average of $262.82

Braemar Plc (LON:BMS) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 262.82 ($3.27) and traded as high as GBX 279 ($3.47). Braemar shares last traded at GBX 272 ($3.39), with a volume of 29,993 shares changing hands.

Braemar Stock Up 0.9 %

The company has a quick ratio of 1.23, a current ratio of 1.36 and a debt-to-equity ratio of 38.10. The firm has a market capitalization of £78.59 million, a PE ratio of -3,050.00 and a beta of 1.11. The business’s 50-day moving average price is GBX 267.71 and its 200-day moving average price is GBX 263.10.

Braemar Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Thursday, February 22nd were given a GBX 4 ($0.05) dividend. The ex-dividend date was Thursday, February 22nd. This represents a yield of 1.38%. Braemar’s payout ratio is -14,444.44%.

About Braemar

Braemar Plc provides shipbroking services in the United Kingdom and internationally. It operates in three segments: Chartering, Investment Advisory, and Risk Advisory. The Chartering segment provides shipbroking services for deep sea tankers, specialized tankers, dry cargo, and offshore; cost-saving solutions; freight consultancy; and a vessel database.