Braemar (LON:BMS) Shares Cross Above Two Hundred Day Moving Average of $262.82

Braemar Plc (LON:BMS) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 trading hands.

Braemar Price Performance

The stock has a 50 day simple moving average of GBX 267.57 and a two-hundred day simple moving average of GBX 262.82. The firm has a market cap of £77.87 million, a PE ratio of -3,022.22 and a beta of 1.11. The company has a debt-to-equity ratio of 38.10, a quick ratio of 1.23 and a current ratio of 1.36.

Braemar Cuts Dividend

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