Tufton Oceanic Assets (LON:SHIP) Sets New 1-Year Low – Time to Sell?

Tufton Oceanic Assets (LON:SHIPGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 76.40 ($1.01) and last traded at GBX 1.02 ($0.01), with a volume of 44341 shares trading hands. The stock had previously closed at GBX 1.02 ($0.01).

Tufton Oceanic Assets Stock Up 1.0 %

The company has a 50-day moving average price of GBX 1.13 and a 200-day moving average price of GBX 1.20. The firm has a market capitalization of £275.43 million, a price-to-earnings ratio of 3.96 and a beta of 0.40.

Tufton Oceanic Assets Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, January 30th will be issued a dividend of $0.03 per share. The ex-dividend date is Thursday, January 30th. This represents a yield of 2.1%. Tufton Oceanic Assets’s payout ratio is 3,841.56%.

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.

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