Maiden (NASDAQ:MHLD) Share Price Passes Above Two Hundred Day Moving Average of $1.83

Maiden Holdings, Ltd. (NASDAQ:MHLD) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.83 and traded as high as $2.10. Maiden shares last traded at $2.09, with a volume of 137,352 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Maiden from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th.

Maiden Trading Up 7.2 %

The firm has a market capitalization of $209.99 million, a PE ratio of -5.50 and a beta of 1.33. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.02. The business’s fifty day moving average price is $1.76 and its 200 day moving average price is $1.83.

Maiden (NASDAQ:MHLD) last released its earnings results on Tuesday, March 12th. The insurance provider reported ($0.08) earnings per share (EPS) for the quarter. Maiden had a negative return on equity of 8.75% and a negative net margin of 43.22%. The company had revenue of $19.75 million during the quarter.

Insider Buying and Selling

In related news, Director Simcha G. Lyons bought 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were acquired at an average cost of $1.80 per share, with a total value of $27,000.00. Following the completion of the transaction, the director now owns 206,525 shares of the company’s stock, valued at $371,745. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other Maiden news, Director Steven Harold Nigro acquired 20,000 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was bought at an average cost of $1.52 per share, for a total transaction of $30,400.00. Following the completion of the purchase, the director now directly owns 208,043 shares in the company, valued at $316,225.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Simcha G. Lyons acquired 15,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The shares were acquired at an average price of $1.80 per share, with a total value of $27,000.00. Following the completion of the purchase, the director now owns 206,525 shares of the company’s stock, valued at $371,745. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 45,000 shares of company stock valued at $72,400. Insiders own 8.20% of the company’s stock.

Institutional Investors Weigh In On Maiden

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Maiden by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 3,004,088 shares of the insurance provider’s stock worth $6,879,000 after buying an additional 39,901 shares during the period. Virtu Financial LLC purchased a new position in shares of Maiden in the fourth quarter valued at $25,000. Barclays PLC boosted its stake in shares of Maiden by 566.4% in the fourth quarter. Barclays PLC now owns 125,029 shares of the insurance provider’s stock valued at $287,000 after purchasing an additional 106,268 shares during the period. Waterloo Capital L.P. boosted its stake in shares of Maiden by 12.5% in the fourth quarter. Waterloo Capital L.P. now owns 76,500 shares of the insurance provider’s stock valued at $175,000 after purchasing an additional 8,500 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Maiden by 3.3% in the fourth quarter. Northern Trust Corp now owns 710,732 shares of the insurance provider’s stock valued at $1,628,000 after purchasing an additional 22,528 shares during the period. 21.78% of the stock is currently owned by hedge funds and other institutional investors.

About Maiden

Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis.