Braemar (LON:BMS) Stock Price Crosses Above 200-Day Moving Average of $266.85

Braemar Plc (LON:BMS) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 266.85 ($3.35) and traded as high as GBX 280 ($3.52). Braemar shares last traded at GBX 280 ($3.52), with a volume of 22,674 shares trading hands.

Braemar Stock Performance

The company has a market capitalization of £79.59 million, a P/E ratio of -3,111.11 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. The business’s fifty day simple moving average is GBX 268.89 and its 200-day simple moving average is GBX 266.85.

Braemar Cuts Dividend

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